The Magnificent Mile: Beyond the Headlines - City Club of Chicago
The Magnificent Mile: Beyond the Headlines

The Magnificent Mile: Beyond the Headlines

Panelists: Nichole Benolken (M56 - 360Chicago), Deanna Pusatier (Starbucks), Stan Nitzberg (Mid America Real Estate Corporation) and Kimberly Bares (The Magnificent Mile Association)

Wednesday, Feb 28, 2024
Doors Open at 11:30 am / Event Begins at 12:00 pm
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$95.00 Non-Member Ticket (Join now!)
$75.00 Member Ticket
$75.00 Member Guest Ticket (Join now!)
$995.00 Full Sponsor Table (10 seats)
$695.00 Half Sponsor Table (5 seats)

Register now Seating is limited


Maggiano's Banquets
111 W. Grand Avenue
ChicagoIL 60654

Map and directions

Join us for an insightful discussion about the iconic Magnificent Mile! While news articles often focus on challenges, the reality is more nuanced. Foot traffic is rising, consumer sentiment is improving, and innovative businesses are thriving.

This panel brings together diverse perspectives:

  • Thriving businesses: Hear firsthand from successful companies, including 360Chicago, Starbucks Reserve Roastery, and The Evie, who are exceeding expectations in today's market.
  • Expert insights: Gain a broker's viewpoint on the current landscape and the vision for the future from The Magnificent Mile Association's President/CEO.

Together, we'll explore:

  • The true state of The Magnificent Mile, beyond vacancy rates and headlines.
  • Success stories: How are some businesses thriving in the current environment?
  • Expert perspectives: What does the future hold for this iconic Chicago destination?


Kimberly Bares

Kimberly Bares is the President and CEO of The Magnificent Mile Association, a private, non-profit membership organization with a mission of preserving, promoting, and enhancing one of Chicago’s most unique, multi-use neighborhoods. Her bachelor's degree is in Psychology and Sociology. She holds a master's degree in urban planning and policy from the University of Illinois at Chicago and a Certificate in Nonprofit Management from Northwestern University’s Kellogg School of Management. She was recently awarded the designation of LPM (Leader in Place Management) by the International Downtown Association. Before joining The Magnificent Mile Association in September 2019, she served as executive director/CEO of multiple organizations, such as the Wicker Park/Bucktown Chamber, Rogers Park Business Alliance, Berwyn Development Corporation, and an international NGO in Guatemala. She founded PLACE Consulting and spent 10 years working on economic and organizational development projects in Chicago and other communities across the country. She lives in Chicago with her partner, Beth, her daughter, Zoe, and their two dogs.

Nichole Benolken

Nichole joined M56 Group in 2013 as Managing Director of 360 CHICAGO. She has managed over $14 million in capital investment, executed the repositioning and introduction of a new brand, and built a best-in-class team of professionals that have propelled the asset to record high revenue and profitability. Most recently Nichole executed the renovation and opening of the hugely successful CloudBar at 360 CHICAGO. As a member of the Executive Committee for parent company M56 Group, she also supports future development and site assessment for the group. 

 A graduate of DePaul University, Nichole spent over 15 years in the hotel and restaurant industry before joining M56 Group, holding a variety of sales and executive management positions in Chicago and Washington DC. She is proud to serve on the Board of Advisors for US Travel Association’s National Council of Attractions and Experiences. She has been a member of the Board of Directors for the Magnificent Mile Association for nearly 10 years and currently is serving as Treasurer for the organization. She also serves on the Executive Committee of the World Federation of Great Towers, a trade association representing observation decks from around the globe.   

A 24-year Chicago resident- Nichole spends her time exploring the city’s vibrant neighborhoods with her young daughter and puppy, finding rare moments to pick up a novel and taking in the beautiful Chicago skyline from the waters of Lake Michigan with her family and friends.  

Stan Nitzberg

Stan Nitzberg is a Principal at Mid America Real Estate Corporation. Mr. Nitzberg has been involved in retail real estate throughout his 50-year career as a commercial lender, retail executive and real estate broker, developer and investor. While his primary focus is Chicago, his retail efforts have touched every major city in the US. He has also been involved in creating more than 3,000 new residential units in Chicago and Phoenix. He is philanthropic and committed to helping the next generation of real estate professionals reach their full potential. 

Deanna Pusatier

Deanna has worked for Starbucks for nearly 25 years and is the Managing Director of Starbuck’s Reserve Roastery on Michigan Avenue.

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