ULI Chicago has just released the North Michigan Avenue Technical Assistance Panel (TAP) Report, as the conclusion to a two-day TAP, that took place October 2021.

Restoring North Michigan Avenue to full health, vibrancy, and economic power will require new strategies and investments. Recognizing the need to address the declining economic conditions on North Michigan Avenue as part of its Central City recovery efforts, the City of Chicago Department of Planning and Development and The Magnificent Mile Association asked the Urban Land Institute Chicago District Council to conduct a TAP.

The panel brought together 11 industry professionals with expertise in various aspects of real estate development including developers, brokers, architects, planners, attorneys, and business district managers. In advance of the TAP, panelists reviewed extensive briefing materials that included socio-economic data for the corridor, existing plans and initiatives underway, best practices research, and case studies from cities across the world. During the TAP, panelists also took a walking tour of North Michigan Avenue and interviewed more than 60 stakeholders including business and property owners, residents, civic leaders, and city officials including representatives from Business Affairs and Consumer Protection, Chicago Department of Transportation, Chicago Transit Authority, Chicago Police Department, Cultural Affairs and Special Events, and DPD.

The panelists worked collaboratively over the two TAP days to develop the recommendations presented in this report.

North Michigan Avenue TAP Key Information:

• Read the North Michigan Avenue TAP Report
• Watch the North Michigan Avenue TAP Public Presentation
• Learn More about the Panel’s Scope of Work & the TAP Panelists