Earlier this year Thompson Center located at 100 W Randolph Street in The Loop was sold with a planned multi-million dollar renovation to the Prime Group. The Thompson Center was designed by famed postmodern architect Helmut Jahn and opened in 1985 as the State of Illinois Center. The Prime Group which is headed by Michael Reschke of JAHN Architects made bid for the Thompson Center in April. The developer had planned a $300 million renovation to execute a gut rehab of the facility including opening the atrium to the outdoors and enclosing the work floors to reduce heat expenses, as well as renovating all of the floors. In the original plan, the state would eventually buy back parts of the building after Prime Group’s renovation.
Now, months later, it seems there’s a possibility that the famed building may be flipped, with new possible owner —Google.
According to CoStar, Google has entered into negotiations to buy the Thompson Center where it plans to expand its Chicago offices. The 17-story building’s office space will soon be undergoing renovations as part of the existing plan from Prime Group. The Thompson Center, which was built in 1985 has had many uses and has faced numerous infrastructure issues leading to it being listed and relisted.
The Thompson Center notably faced demolition last year which it narrowly escaped when the Prime Group placed a bid for $70 million in March. The state reportedly listed the building in an effort to save taxpayers a combined total of $800 million in operating costs.
Google has nearly 2,000 employees in Chicago and currently has office space at 1 Fulton, 1000 W Fulton Street, and 210 N Carpenter Street. Google has previously said it plans to add thousands more workers to cities across the nation, including Chicago. When asked about their Chicago workforce by CoStar, representatives said that the company will “explore opportunities to ensure our physical space meets the needs of local Googlers.”