Apple’s flagship store in Chicago comes with $62 million price tag

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An artist rendering of Apple's store on the north bank of the Chicago River.
Photo: Chicago Department of Planning and Development

The new store being built by Apple along the Chicago River is shaping up to be one of the company’s most expensive new locations of 2017.

Apple’s store on the iconic “Magnificent Mile” is being mostly built underground at 401 N. Michigan Ave., but Apple wants the plaza-level entrance to be absolutely fabulous, so it’s going to cost more than $60 million.

Apple Store targeted in ‘organized criminal enterprise’

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Six people were arrested as a result of the scheme.
Photo: Apple

Apple Stores in Chicago were the target of “an organized criminal enterprise,” resulting in the arrest of six people from New York State, according to a new report, citing Lake County authorities.

The sheriff’s office claims that the suspects made fraudulent purchases from Apple Stores using stolen identities and credit cards.

Apple to build new flagship store on Chicago’s Magnificent Mile

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Apple's looking for a new home in Chicago.
Apple's looking for a new home in Chicago.
Photo: Zeller Reality

Apple is planning to open a magnificent new flagship store in the heart of Chicago, according to a new report that claims the iPhone maker has zeroed in on 401 N. Michigan Ave. Apple already has one retail store on Michigan Avenue, but supposedly plans to shut down that one and move a half-mile south to the southern tip of the Magnificent Mile.

Apple Watch a hit on Chicago’s Magnificent Mile

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Shannon Stroh, of Plymouth, Minn., tries on a Apple Watch at the downtown Chicago store. Photo: David Pierini/Cult of Mac
Shannon Stroh, of Plymouth, Minn., tries on an Apple Watch at the downtown Chicago store. Photo: David Pierini/Cult of Mac

CHICAGO — It didn’t matter that Mel Torgusen had already ordered her Apple Watch at 2 a.m.

She still had to be at the Apple Store on Chicago’s Magnificent Mile at 10 sharp — just to touch one.

“Ever since the announcement, I’ve been counting down the days,” said Torgusen, standing at one of a dozen stations the store had set up for prospective buyers to try the watch. “I’m an Apple person and I didn’t need to try it on to know I’d want one.”

A steady stream of the curious and devoted filed into the store Friday for the big Apple Watch preview. There were about 20 people who had signed up for the early appointments lined up outside the store when the doors opened. Others who did not schedule appointments for a personal tour went past a showcase of watches, then quickly registered for private showings.