General ConstructionLoopPermit Issued

Interior Alterations at 111 S Michigan Ave, Loop

111 S MICHIGAN AVE, Loop

1

What was permitted

Significant construction is taking place in the Loop neighborhood at the Art Institute of Chicago, located at 111 S Michigan Ave. This project involves interior alterations to the existing Rice Building to create the new Grainger Center for Conservation & Science.

This permit was issued on May 20, 2026, and is active. The reported project cost for this extensive build-out is a substantial $21,000,000, with TERRANCE ELECTRIC & TECHNOLOGY listed as a contact.

A $21 million interior build-out for the new Grainger Center is underway at the Art Institute of Chicago in the Loop.

2

What it cost

$21,000,000reported on this filing

Issued

May 20, 2026

Expires

License

3

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Filed by TERRANCE ELECTRIC & TECHNOLOGY · 14 permits across 4 areas

View the official permit record

Tracking number, work description, cost, and dates

+
Tracking Number101081168
Work Permit #
Job Filing Number
Work Type
StatusACTIVE
Job DescriptionDDS 2019 CBRC: INTERIOR ALTERATIONS TO EXISTING RICE BUILDING AT THE ART INSTITUTE OF CHICAGO FOR THE NEW GRAINGER CENTER FOR CONSERVATION & SCIENCE BUILDOUT AS PER PLANS (OCCUPANCY A-3, B, S-1. TYPE IB CONSTRUCTION) CONSULTANT REVIEWER: V3 COMPANIES OF IL
Floor / Unit
Estimated Cost$21,000,000
ApprovedMarch 23, 2026
IssuedMay 20, 2026
Expires
BBL
BIN

Property Owner

THE ART INSTITUTE OF CHICAGO

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commercial renovationLoopChicagoRenovation/Alteration$21,000,000 project cost