This week, EQ Office announced the completion of Willis Tower’s $500 million makeover spanning from its base to pinnacle. Bookending Chicago’s skyline in the southwest corner of The Loop, the 108-story Chicago icon has received extensive renovations to both its public and private spaces. A three-story podium known as Catalog has also been constructed, wrapping around all four sides of the skyscraper’s base.
Initial foundation work is visible at the triangular parcel along the southeast corner of Wrigley Field, which will give way to a three-story DraftKings sportsbook and various dining options. Co-developed by the Chicago Cubs and Marquee Development, this 22,350-square-foot addition at 1012 W Addison Street will replace the former Captain Morgan Club, which later became the Fantasy DraftKings Sports Zone.
Exterior construction has crossed the finish line for a two-building development by The Community Builders and McCaffrey in Near South Side. Known as 23rd Place at Southbridge, this undertaking represents the first phase of a…
Remaining facade work is approaching completion for the new two-story amenity clubhouse at Prairie Shores, a five-building apartment complex in Bronzeville. Co-developers Golub & Company and Farpoint Development had purchased the complex in 2019 for $180 million, having partnered with Goldman Sachs Urban Investment Group. This acquisition kicked off a string of renovations throughout the property, including interior renovations of the 1,675 residences, landscaping improvements, and common area upgrades.
Potential groundbreaking have been announced for two Fulton Market projects after securing the land sale and anchor tenants this week. The two projects in question are the life sciences building at 400 N Elizabeth Street and the office building at 360 N Green Street, each led by different developers but delivering similar amounts of leasable space at each end of the quickly growing neighborhood. All together they will bring roughly 1 million square feet of new commercial space in an area poaching new leases at a faster rate than most.
