Initial renderings have been revealed for a major renovation of the historic Jewelers Building at 35 East Wacker Drive in The Loop. The now 100-year-old structure sits along the Chicago River at the intersection with North Wabash Avenue and is known for its multi-tier design, matching cupolas, and for appearing in various movies over the years.
The renowned Jewelers Building at 35 E Wacker Drive in The Loop has been officially sold to two new owners. Sitting on the intersection with N Wabash Avenue along the Chicago River, the nearly 100-year-old structure could potentially see a partial conversion in the future. Its new owners are developers Prime Group and CRG according to Crain’s.
A potential buyer has been revealed for the Jewelers Building at 35 E Wacker Drive in The Loop. Located right on the river on the intersection with N Wabash Avenue, the historic building was most recently owned by Toronto-based real estate firm Dorchester. Now it would appear that local developer Mike Reschke is in talks to potentially purchase and redevelop the tower according to Crain’s.