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
| Sep 17, 2013
World's first 'invisible' tower planned in South Korea
The 1,476-foot-tall structure will showcase Korean cloaking technology that utilizes an LED façade fitted with optical cameras that will display the landscape directly behind the building, thus making it invisible.
| Sep 16, 2013
Study analyzes effectiveness of reflective ceilings
Engineers at Brinjac quantify the illuminance and energy consumption levels achieved by increasing the ceiling’s light reflectance.
Smart Buildings | Sep 13, 2013
Chicago latest U.S. city to mandate building energy benchmarking
The Windy City is the latest U.S. city to enact legislation that mandates building energy benchmarking and disclosure for owners of large commercial and residential buildings.
| Sep 13, 2013
Chicago latest U.S. city to mandate building energy benchmarking
The Windy City is the latest U.S. city to enact legislation that mandates building energy benchmarking and disclosure for owners of large commercial and residential buildings.
| Sep 11, 2013
BUILDINGChicago eShow Daily – Day 3 coverage
Day 3 coverage of the BUILDINGChicago/Greening the Heartland conference and expo, taking place this week at the Holiday Inn Chicago Mart Plaza.
| Sep 10, 2013
BUILDINGChicago eShow Daily – Day 2 coverage
The BD+C editorial team brings you this real-time coverage of day 2 of the BUILDINGChicago/Greening the Heartland conference and expo taking place this week at the Holiday Inn Chicago Mart Plaza.
| Sep 4, 2013
Smart building technology: Talking results at the BUILDINGChicago/ Greening the Heartland show
Recent advancements in technology are allowing owners to connect with facilities as never before, leveraging existing automation systems to achieve cost-effective energy improvements. This BUILDINGChicago presentation will feature Procter & Gamble’s smart building management program.
| Sep 4, 2013
Twenty-nine-acre brick building complex in Watertown, Mass., to be renovated as innovation hub
The owner of a 29-acre cluster of brick buildings in Watertown, Mass., wants to reinvent the site as a 21st-century innovation hub.
| Sep 3, 2013
Delinquency rate for commercial real estate loans at lowest level in three years
The delinquency rate for US commercial real estate loans in CMBS dropped for the third straight month to 8.38%. This represents a 10-basis-point drop since July's reading and a 175-basis-point improvement from a year ago.
| Aug 30, 2013
Local Government Report [2013 Giants 300 Report]
Building Design+Construction's rankings of the nation's largest local government design and construction firms, as reported in the 2013 Giants 300 Report.
