New Apple store building permit reaches $62 million

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apple rendering
A rendering of the proposed Apple store at 401 N Michigan

The new Apple store at 401 N. Michigan will cost an estimated $62 million to build, according to the Chicago building permit issued on Oct. 28.

General contractor Power Construction Company LLC is building the story for the listed owner Zeller-401 LLC, which is associated with the Zeller Realty Group and Eric Martin.

Key subtrades include: Electrical – Super Electric Construction Co.; and plumbing, refrigeration and mechanical – Hill Mechanical Group. Power Construction is taking care of masonry work itself.

The Chicago Tribune reports that “the  20,000-sq. ft. store is going up, or more precisely, down, behind a temporary black wall lining the southern border of Pioneer Court at 401 N. Michigan Ave. Plans call for a high-profile but virtually transparent plaza-level entrance leading to the below-ground store overlooking the riverwalk.”

Image: Rendering of the Apple Store

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