The Los Angeles developer which bought the Trib building in 2016 with plans to convert the gothic skyscraper into residences so exclusive the internet hasn’t come up with a word for it yet, wants to put up Chicago’s third-tallest building, right at the foot of the Magnificent Mile. We’ve known for a long time that CIM Group has big plans for the surface parking lot behind the Tribune Tower. are expected to be presented to the Chicago Plan Commission by this summer. The plans, drawn up for the owners of the Tribune Tower property - CIM Group of Los Angeles and Chicago-based Golub & Co. The tower’s upper floors are already being gutted. Tribune Tower, whose flying buttresses and pinnacle-topped crown have long made it a symbol of its namesake newspaper, would be turned into condominiums, Reilly and two sources said. That would be a foot shorter than the hotel-condo high-rise that Trump, then a real estate developer and reality TV star, completed in 2009. Brendan Reilly and a source familiar with the plans confirmed. ![]() ![]() ![]() A skyscraper that would rival President Donald Trump’s Chicago high-rise as the city’s second-tallest would emerge behind the historic Tribune Tower, while the neo-Gothic office building would be turned into condominiums under still-evolving plans described by an alderman and two sources familiar with the proposal.Įnvisioned as a hotel and condominium tower sheathed in steel and glass, the new skyscraper would soar to a height of 1,388 feet, downtown Ald.
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