According to Bisnow, US real estate and investment firm Golub & Co., in partnership with CIM Group, have announced plans to build Chicago’s second tallest skyscraper, standing at 1,422-feet.
The skyscraper would be part of a redevelopment project, located on the parking lot that is positioned slightly east of Chicago’s Tribune Tower.
The unnamed building will be approximately 29 feet shorter than the city’s tallest existing building Willis Tower, accommodating a 200-room hotel, 125 condominiums and 439 apartments, spanning 11,000 square feet, says Golub Executive Vice President Lee Glub, Bisnow reports.
The meeting that saw the announcement of the plans to build the skyscraper also discussed a planned redevelopment of the Tribune Tower, home of leading media outlet the Chicago Tribune, with a positive response received in regard to the design and proposal of the 1,422-foot building.
It is expected that construction work will begin in early 2020, should the proposed 96-story project gain the relevant and necessary regulatory approval.