The Wrigley Building, a fixture in Chicago’s skyline for nearly a century, will get a significant makeover, according to its new owners. Zeller Realty, a minority owner, says that the building’s two interior towers, the public plaza that separates them, and the ground-floor retail space will be renovated over the next three to five years. The owners will also seek landmark status for the building, a designation that could bring tax breaks.
For more information click here [2].
The skyscraper, known for its clock tower and white terra cotta facade, has been home to Wm. Wrigley Jr. Co. for nearly a century. Wrigley plans to complete a move from the structure in 2012. BDT Capital Partners, a Chicago-based investment firm, are the new owners, along with minority partners, Groupon co-founders Brad Keywell and Eric Lefkofsky, and Zeller. BD+C
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[1] http://www.bdcnetwork.com/author/drew-ballensky
[2] http://articles.chicagotribune.com/2011-09-19/news/chi-bdt-capital-buys-wrigley-building-20110919_1_landmark-status-new-owners-property-taxes