The city known as the birthplace of the skyscraper has plans to build a new 1,422-foot-tall addition to its already impressive high-rise collection. On Monday, developers Golub & Co. and CIM Group unveiled plans to build a mixed-use tower as part of the $1 billion Tribune Tower redevelopment.
The skyscraper, as planned, would become the second tallest in Chicago, missing out on eclipsing the perennial title holder, the Willis Tower, by just 29 feet. According to the developers, the new tower will include 439 rental units, 125 condo units, a five-star boutique hotel comprising 200 rooms, and 10,700 sf of retail space. Construction is planned for a site east of Tribune Tower.
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Rendering courtesy Golub & Co. and CIMÂ Group.
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Tribune Towerâs own redevelopment plan calls for the creation of 163 condos and 47,500 sf of retail space. The new skyscraper is tentatively scheduled to begin construction in late 2019 or early 2020.
Adrian Smith + Gordon Gill Architecture designed the new tower while Solomon Cordwell Buenz designed the Tribune Tower redevelopment plans.
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See Also:Â The Yard at Chicago Shakespeare to begin construction this spring at Navy Pier
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Rendering courtesy Golub & Co. and CIMÂ Group.
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Courtesy Golub & Co. and CIMÂ Group.
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