A 40-year veteran of Chicago’s commercial real estate industry, Michael Tobin joined Rush Street Gaming in 2019 as Senior Vice President – Real Estate & Construction and is responsible for directing all real estate activities for Rush Street and its affiliated casinos and hotels.
Prior to joining Rush Street, he served for 12 years as Managing Director/ SVP in charge of Development Management Services for CBRE/ U.S. Equities Realty. Recent projects include the $16,000,000 redevelopment of the Chicago Museum of Contemporary Art, the Starbucks Roastery in Downtown Chicago, the world’s largest Starbucks retail facility, the $80,000,000 renovation and addition to the Steppenwolf Theater Center, the relocation of the Chicago Architecture Foundation, the ongoing $50,000,000 renovation of Chicago Union Station and the $50,000,000 development of 215 N. Peoria in Chicago’s Fulton Market District. Michael’s immersion with CBRE began with the development management of MetraMarket, a 200,000-square foot retail and restaurant development in Chicago’s West Loop. This $42 million-dollar development was a collaboration between U.S. Equities, Metra, and the City of Chicago. Additionally, Michael directed the 150,000 SF, $25,000,000 redevelopment of the retail pavilion at Presidential Towers, a two-block 2,400-unit apartment and retail property constructed in the mid-1980’s, the $156,000,000 Centene Healthcare Headquarters in St. Louis, and the 164-unit, $42,000,000 development of the 618 South Main apartments in Ann Arbor, Michigan.
Before joining CBRE, Michael was the partner in charge of all acquisition and development of Northern Realty Group, Ltd. In his eleven-year tenure, Michael generated more than $325 million in development projects including State Place in Chicago’s South Loop, the conversion of the Chicago’s historic Shubert Theatre Building into the CIBC Theatre and the Hampton Majestic Theater District Hotel as well as the Deerfield Village Center in Deerfield, Illinois.
Michael previously served for six years as President and Chief Operating Officer of Central Station Development Corporation, responsible for directing the development of a 100-acre residential and commercial mixed-use community on Chicago’s lakefront. During his time at Central Station, more than $100 million worth of residential projects were completed.
Earlier, Michael enjoyed eight years as Vice President of Development for Metropolitan Structures, Inc., responsible for directing over $650 million in development. Michael’s projects included such buildings as Chicago’s Mercantile Exchange Center, 205 North Michigan Avenue and The Fairmont Hotel, as well as the Los Angeles Intercontinental Hotel.
His real estate experience started as Director of Property Services for Harris Bank, overseeing two million square feet of bank-owned and leased space throughout the United States. He is registered architect, beginning his career as Senior Architect in the Chicago office of Skidmore, Owings and Merrill, and is also licensed Managing Real Estate Broker.
Michael is a graduate of the University of Michigan where he earned his Bachelors of Science in Architectural Studies and Masters of Architecture.