REBusinessOnline

Howard Hughes Corp. Breaks Ground on 1.4 MSF Office Tower in Chicago

Bank of America will occupy approximately 500,000 square feet at the building.

CHICAGO — The Howard Hughes Corp. and Riverside Investment & Development, along with Clark Construction, have broken ground on 110 North Wacker, a 1.4 million-square-foot office tower in the heart of Chicago’s central business district. More than 30 percent of the 55-story tower is preleased to Bank of America. Designed by Goettsch Partners, the Class A building is located between the Chicago River and Wacker Drive. Amenities will include a conference center, fitness facility, retail and dining space. Bank of America and JP Morgan Chase provided a $495 million construction loan. USAA Real Estate also provided an equity investment. Completion is slated for the fourth quarter of 2020.

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