Chicago Tribune

Landmark Building in Chicago Up for Sale. Plus a Short Video Showing What Makes This Building Different From Any Other in the World

Oct 9, 2015  •  Post A Comment

In a poll of favorite architecture in America, this building ranked No. 2 among all the architecture in Chicago. A wonderful example of neo-Gothic architecture, it’s the 36-story Chicago Tribune Tower, and it’s up for sale, reports the Chicago Tribune. (No. 1 in Chicago in the poll was Wrigley Field.)

The Tribune article says that the Tower was built in 1925 and “was designed by New York architects Raymond Hood and John Mead Howells, who won a contest held by Chicago Tribune co-publishers Robert R. McCormick and Joseph Patterson to create the newspaper’s headquarters.”

The piece notes: “The building’s owner, Tribune Media, announced Thursday that it has hired real estate investment banker Eastdil Secured to explore an outright sale or partnership for redeveloping the 36-story building, which sits on 3 acres along one of Chicago’s busiest shopping districts” on Michigan Avenue.

Murray McQueen, president of Tribune Real Estate, is quoted in the story saying in a statement: “This property offers 100 linear feet more frontage on Michigan Avenue than Rockefeller Center has on Fifth Avenue in New York City. We see this as the future site of an exciting retail destination, surrounded by world-class adaptive re-use of the Tower and additional mixed use development.”

Here’s a short video that explains a feature of the Tribune Tower that makes it one of the most unusual buildings to be found anywhere:

Your Comment

Email (will not be published)