Updated details and construction dates have been revealed for the mixed-use supertall skyscraper at 421 N Michigan Avenue known as Tribune East Tower. Located directly east of the recently opened Tribune Tower Residences within the historical building, the upcoming project is the second phase of that redevelopment and would change the city’s skyline. Developer CIM Group, who is working with Golub & Company, has updated the bid on their opportunities website for the Adrian Smith + Gordon Gill Architecture designed tower.
Rising 102 floors and 1,442 feet, the tower’s final height would be just eight feet shy of Willis Tower’s 1,450-foot roof height (not including the antennas that bring it to 1,729 feet). The slim structure is set on the northern end of the site so as to not obstruct views of Tribune Tower from Ogden Slip, thus creating its rectangular form with tapered edges. As it rises it will be clad in a slick curtain wall on the longer north and south sides, while gold-colored vertical fins create a solid look on the shorter east and west sides.
Containing 1.3 million square-feet of space, the tower will have a small footprint on the roughly 200-foot wide site with just a small podium matching the height of adjacent Tribune Tower’s east building. Other site work will include further renovating the lower street levels in order to build a better experience for arriving hotel guests and residents, with a main entrance facing the existing Cityfront Plaza and retail space the renovated Pioneer Court.
The overall programming has received a couple of updates according to the bidding information, the largest being a major reduction of parking from 687-vehicle spaces to 426 spaces. We can assume this allowed for the now 250-key hotel, an increase from the previously announced 200. However the residential component has remained the same with 564-units made up of 125 condos and 439 rentals, of which 10-percent would need to be affordable per city guidelines when approved.
Although construction has been pushed back multiple times since it was announced and fully approved, the updated bid now shows formalized plans for the development with the changes mentioned above. While there was no revised information on the cost of the project, we can expect the original price of $700 million in 2020 to have ballooned since. The estimated construction dates were also updated and show a start date of February 2024 with a completion date of September 2027.