“Apple Michigan Avenue exemplifies our new vision where everyone is welcome to experience all of our incredible products, services and inspiring educational programs in the heart of their city. “When Apple opened on North Michigan Avenue in 2003, it was our first flagship store, and now we are back in Chicago opening the first in a new generation of Apple’s most significant worldwide retail locations,” said Angela Ahrendts, Apple’s senior vice president of Retail. The move is part of the ongoing evolution of Apple’s retail strategy: Yesterday though, after many months of construction, Apple opened a new flagship store to the public along the Chicago River that reflects the new direction in which Apple began taking its retail locations last year. Built in 2003, Apple’s Michigan Avenue location was the company’s first flagship store, featuring a glass staircase that seemed to float to the second floor just beyond the store’s entrance. Norman Foster ’s recently completed flagship Apple Store in Chicago, whose ultra-light roof meant designers could include plenty of unobstructed views, now seems unable to cope with the stress. Before investing in any security you should do your own due diligence and consult with a registered broker or financial advisor.For 14 years, Apple’s flagship retail store was a fixture at the north end of Chicago’s Michigan Avenue, the shopping district known as the Magnificent Mile. For all its hype and high design, the MacBook-shaped roof of Norman Fosters Chicago Apple store has one serious, weather-driven dilemma: It fails to properly account for its home citys snowfall. Additionally, the content on this site does not represent the views of Market Exclusive and is solely a representation of the authors who publish them. The content on this site is for informational purposes only. Market Exclusive is not a registered investment broker/dealer. Our goal is to provide an exclusive forum for contributors and users to leverage the knowledge base in order to make smarter investing decisions.Īt Market Exclusive, we believe that quality information from experienced well seasoned contributors provide our members with an edge that allows them to make wise investment choices. Our burgeoning team is comprised of individuals with strong backgrounds from various disciplines and businesses. We are an investor driven research platform where new investment ideas from a exclusively selected group of seasoned investment analysts and qualified members from various disciplines are able to deliver their investment thesis’ across various industries and sectors. ![]() However, there is speculation that it will be opened before the end of the year.Īpple stock closed the latest trading session on Friday at $146.28.ĪBOUT USMarket Exclusive offers the latest financial news and analysis for selected US stocks and securities. Apple is yet to reveal the opening date for the new store. Foster + Partners has designed its 'most ambitious' Apple Store for Chicago, with a slender roof that looks like the companys laptop computer. The store is still under construction though it is almost coming to a completion. It is quite a huge store that will extend from Pioneer Court to the riverfront. The new Chicago Apple Store was designed by a French firm called Foster+Partners, and it will span 20,000 square feet. The Apple plaza-level entrance is absolutely fabulous though and will reportedly cost. “Our store on North Michigan Avenue has welcomed more than 23 million customers since it opened in 2003, and we’re now creating something even more remarkable for Chicago,” stated Apple’s spokesman Nick Leahy two years ago. Apple’s store on the iconic Magnificent Mile is being mostly built underground at 401 N. ![]() ![]() The new Apple Store in Chicago has been in the pipeline for quite a while. This explains why they employed the unique MacBook design. ![]() It was probably removed because the company did not want to spoil the surprise.Īpple’s new store in Chicago is expected to act as the flagship store in Illinois. Apple might have placed its logo on the roof to see how it will look once the building is finally completed. Apple has been working on increasing the number of Apple Stores located globally and the new store in Chicago is just one of the new locations to be added.
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