Ritz-Carlton residential tower in Chicago

Magnificent Mile, ChicagoChicago-based Prism Development Company will construct a 40-story, 360,000-square-foot, Ritz-Carlton-managed residential tower on a prime site in Chicago, at North Michigan Avenue and Erie Street in the heart of the ‘Magnificent Mile’. The site was previously occupied by The Terra Museum of American Art which closed in October 2004. The Ritz-Carlton Residences, Chicago, Magnificent Mile will feature 86 ultra-luxurious residences ranging in size from approximately 1,370-square-foot, one-bedroom homes to grand penthouses of more than 5,700 square feet.

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