Los Angeles-based CIM Group and Chicago’s Golub & Co. unveiled plans last month to redevelop Chicago’s neo-gothic Tribune Tower and the land surrounding it to include an adjacent 1,422-ft-tall structure that, if built, would become the city’s second tallest buildng behind Willis Tower at 1,450 ft. The soon-to-be-former home of the Chicago Tribune, a landmarked building built in 1923, would be converted to 165 residential units and new retail space. The entire development is projected to cost $1 billion and start construction in 2019.
Design Partner Gordon Gill of architect Adrian Smith + Gordon Gill Architecture said that the reflective glass of the new tower was designed to look different from Tribune Tower while its vertical fins clad in bronze-colored metal would complement the historic tower’s Indiana limestone facade. The new tower is planned to house a 200-room luxury hotel, 439 rental apartments, 125 condominiums and parking.