The very active developer Sterling Bay has proposed a 958-foot-tall, 2-million-sf office tower that would be connected to Union Station in Chicago’s West Loop, on real estate owned by Amtrak. The office tower would be one of the tallest in the city.
Crain’s Chicago Business reports that Sterling Bay is already in talks with large tenants for this tower, designed by Skidmore, Owings & Merrill. Sterling Bay, though, has not yet been chosen as Union Station’s master developer.
Amtrak, Crain’s reports, has been trying to redevelop its 1.3-million-sf Union Station property for years. Last October, it announced plans to upgrade the existing building, and to seek developer partners to add 3 million sf of new structures over and around tracks and land it owns.
Sterling Bay has gained a reputation for redeveloping existing buildings, such as the conversion of the Fulton Market Cold Storage building, known as 1KFulton, to Google’s Midwest headquarters.
Its proposal for the addition to Union Station is one of several projects it has in the works, including two residential towers in Chicago, and a ground-up development for McDonald’s, which is moving its headquarters to the Fulton Market District from Oak Brook, Ill. That deal, says Crain’s, includes plans for a 200-room extended stay hotel just west of those headquarters.
The firm’s redevelopment of the recently acquired Coyne College campus has expanded to 1 million square feet of new office space—up from 400,000 square feet. And Sterling Bay is interested in purchasing the 18-acre Chicago Department of Fleet and Facility’s Management property, which the city has put up for sale.
The SOM-designed tower would, in all likelihood, replace a parking garage located south of Union Station’s new $41 million Transit Center, which opened on Sept. 11.
Curbed Chicago points out that the design of this tower looks a lot like an unbuilt 40-story proposal for 625 W. Monroe from SMDP Studio in 2013, which eventually evolved into a redesigned 75-story proposal the next year, but has yet to be constructed.
Related Stories
| Mar 15, 2013
7 most endangered buildings in Chicago
The Chicago Preservation Society released its annual list of the buildings at high risk for demolition.
| Mar 14, 2013
25 cities with the most Energy Star certified buildings
Los Angeles, Washington, D.C., and Chicago top EPA's list of the U.S. cities with the greatest number of Energy Star certified buildings in 2012.
| Mar 13, 2013
RSMeans cost comparisons: jails, courthouses, police stations, and post offices
The March 2013 report from RSMeans offers construction costs per square foot for four building types across 25 metro markets. Building types include: jails, courthouses, police stations, and post offices.
| Mar 12, 2013
'World's greenest' office building seeks tenants in Seattle
Superefficient Seattle office building is designed to meet the ambitious goals of the Living Building Challenge.
| Mar 4, 2013
Korean Air, AC Martin collaborating on Western region's tallest tower
The 1,100-foot Wilshire Grand will combine retail and restaurant space, offices, and a luxury hotel in the sky.
| Mar 3, 2013
Hines acquires Archstone's interest in $700 million CityCenterDC project
The Washington D.C. office of Hines, the international real estate firm, announced the acquisition of the ownership interest of their partner, Archstone, in the mixed-use CityCenterDC project that is currently under construction in downtown Washington, D.C.
| Feb 28, 2013
Greeening Silicon Valley: Samsung's new 1.1 million-sf HQ
Samsung Electronics' new 1.1 million sf San Jose campus will support at least 2,500 sales and R&D staff in the company's semiconductor and display businesses.
| Feb 26, 2013
Tax incentive database for reflective roofs available
The Roof Coatings Manufacturers Association (RCMA) and the Database of State Incentives for Renewables & Efficiency (DSIRE) created a database of current information on rebates and tax credits for installing reflective roofs.
| Feb 25, 2013
First look: Google's new HQ is engineered for creative collisions
The new California "Googleplex" will be engineered to make sure no Google employee will be more than a 2.5 minute walk away from any other.
