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Plan Commission Approves New Hughes Tower

CHICAGO—The 51-story building will become one of several that have created a new class of trophy buildings in the West Loop.

chi-110NorthWacker_LowTerrace Sweeping views of the river and downtown will be one of the building’s great selling points.

CHICAGO—The Howard Hughes Corp. got another step closer to breaking ground on the trophy class office building it plans to build at 110 N. Wacker Dr. with yesterday’s unanimous approval at the Chicago Plan Commission meeting. The 51-story building will become one of several just-completed or rising trophy office buildings in the West Loop. Howard Hughes Corp. will collaborate with Riverside Investment & Development, Goettsch Partners and CBRE – the same development, design and leasing team behind the recently completed 150 North Riverside Plaza office tower.

The new trophy towers have already brought about great changes to the CBD’s office market. The downtown in effect has a new class of office buildings, ones with far better amenities and design elements than the older class A projects. And so far, developers have found a tremendous demand among tenants for these class A+ offices.

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Brian J. Rogal

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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