6 min

Chicago Council Approves Plan For New Supertall Elevator World

    • Business

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

CHICAGO COUNCIL APPROVES PLAN FOR NEW SUPERTALL
The Chicago City Council has approved developers' plans for the construction of Tribune Tower East, a 102-story skyscraper that will be the city's second-tallest building, CBS Chicago reported on May 20. The mixed-use tower, standing 1,442 ft, will bring 564 condominium units and apartments, a 200-room hotel and a 687-space parking garage to the site, currently a parking lot at Lower Michigan Avenue and Lower Illinois Street. The glass-and-steel tower just east of the iconic Tribune Tower will be the centerpiece of the US$700-million project, but other improvements to the area would include renovation of Pioneer Court Plaza to create green space, outdoor seating and a new pathway to the nearby Cityfront Plaza. Construction is expected to begin in late 2021 or early 2022, but a target date for completion was not given.


Image credit: courtesy of CIM Group and Golub & Company


To read the full transcript of today's podcast, visit: elevatorworld.com/news

Subscribe to the Podcast: iTunes │ Google Play | SoundCloud │ Stitcher │ TuneIn

Welcome to the Elevator World News Podcast. Today’s podcast news podcast is sponsored by elevatorbooks.com: www.elevatorbooks.com

CHICAGO COUNCIL APPROVES PLAN FOR NEW SUPERTALL
The Chicago City Council has approved developers' plans for the construction of Tribune Tower East, a 102-story skyscraper that will be the city's second-tallest building, CBS Chicago reported on May 20. The mixed-use tower, standing 1,442 ft, will bring 564 condominium units and apartments, a 200-room hotel and a 687-space parking garage to the site, currently a parking lot at Lower Michigan Avenue and Lower Illinois Street. The glass-and-steel tower just east of the iconic Tribune Tower will be the centerpiece of the US$700-million project, but other improvements to the area would include renovation of Pioneer Court Plaza to create green space, outdoor seating and a new pathway to the nearby Cityfront Plaza. Construction is expected to begin in late 2021 or early 2022, but a target date for completion was not given.


Image credit: courtesy of CIM Group and Golub & Company


To read the full transcript of today's podcast, visit: elevatorworld.com/news

Subscribe to the Podcast: iTunes │ Google Play | SoundCloud │ Stitcher │ TuneIn

6 min

Top Podcasts In Business