Facade scaffolding can be seen along the frontage 430 N Michigan Avenue, the downtown headquarters for The National Association of Realtors (NAR). Originally built in 1962 as a 10-story building, this Magnificent Mile has high rise has undergone several major overhauls in its 60-year history.
The first major makeover was a facade reskin and the addition of two floors in 1991, bringing its height to 12 stories. Over the last four years, the building has undergone another major rework, with ongoing interior and exterior construction. Firms Griskelis Young Harrell and Healy Bender Patton & Been have contributed to the designs, while One Development has overseen the planning and construction.
One of the most notable updates during this time has been a circular two-story penthouse structure that increases the floor count to 14. This now-complete addition has provided an extra 18,000 square feet of space to its overall floor area, offering a showpiece board room, event spaces with skyline views, and additional office space for NAR. The building continues to offer integrated parking as well as proximity to a myriad of bus Routes and the CTA L Red Line via a three-minute walk west to Grand.
Several permits for the base were issued last year, encompassing modifications such as new facade treatment, common area upgrades, tenant-build outs, and office renovations. The below-ground fitness center has also undergone several improvements and layout alterations. The remainder of this work is expected to wrap up this year.
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Such a high profile location for such an unfortunate building.
The NAR certainly follows one of the cardinal rules of real estate investing: buy the smallest and ugliest house on the block. LOL
Oh my, I lived in the Middle East for years and this looks like a cheap ugly office block in Dubai. What a shame
Time for another overhaul. An embarrasment for the Avenue.
Cheap, unworthy of its location. Such unfortunate