Please reload

Chicago's Willis Tower getting a $500M makeover

 

The former Sears Tower in Chicago, now called Willis Tower, is getting a $500 million makeover that will open up the iconic building's ground floor to tourists, and will include 300,000 square feet of new retail including "dining and entertainment" at the base of the tower, as well as a new 30,000-square-foot outdoor deck and a "winter garden."

 

Owner Blackstone will convert 460,000 square feet of existing offices within the 110-story tower  to new tenant amenities including lounges and a fitness center.

 

The developers will put some of the new retail into a three-level glass box planned for the 43-year-old tower's southeast corner. Three floors of new underground retail are also planned.

 

"The significant investment and realization of this vision will reinforce Willis Tower as a civic destination and the ultimate place to work with unique retail and entertainment experiences," Blackstone said in a statement.

 

 

Share on Facebook
Share on Twitter
Please reload

Institutional investors slash CRE capital budget by 19%: Report

Ashford REIT invests in 'purification' tech to create allergy-free guestrooms

REIT to build $110M facility to house immigrants rounded up by Trump

Working in style: The corporate campus designed by Frank Lloyd Wright

Hard Rock unveils plans to revamp Trump's failed Atlantic City casino

Food tenants increasingly crucial for shopping centers: Report

Retailer Finer Fields aims to merge bricks and clicks

The Gents Place 'lifestyle club' muscling into new markets

1/2
Please reload

COMMERCIAL REAL ESTATE NEWS & CULTURE

  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon
More from Squarefootprint
Further reading

ABOUT USCONTACT • ADVERTISE • ARCHIVE

© 2017 SQUAREFOOTPRINT

  • White Facebook Icon
  • White Twitter Icon
  • White Instagram Icon