{"id":1004208013,"date":"2018-02-22T08:37:48","date_gmt":"2018-02-22T16:37:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004208013"},"modified":"2022-12-08T18:08:52","modified_gmt":"2022-12-09T02:08:52","slug":"top-8-chicago-office-completions-in-2017","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/","title":{"rendered":"Top 8 Chicago Office Completions in 2017"},"content":{"rendered":"<p>In 2017, zoning regulations and lack of available lots were\u00a0the main impediments for office developers\u00a0in the Chicago area. Only eight properties, spanning more than 50,000 square feet, were completed last year. However, prospective tenants welcomed\u00a0a total of\u00a03 million square feet of new office space, due mostly to the two Class A+ high-rises at 150 N. Riverside St. and 444 W. Fulton St. The new\u00a0buildings will accommodate\u00a0the growing number of businesses leaving the suburbs for the better-transited core areas.\u00a0<\/p>\n<p>The list below includes the largest office properties\u2014ground-up projects and conversions\u2014completed in Chicago between January and December 2017. The information was provided by Yardi Matrix. \u00a0<\/p>\n<h2>1929 S. Halsted St.<\/h2>\n<div id=\"attachment_1004208025\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208025\" data-attachment-id=\"1004208025\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/1929-s-halsted-st-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg\" data-orig-size=\"1000,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1929 S. Halsted St., Chicago\" data-image-description=\"&lt;p&gt;1929 S. Halsted St., Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1929 S. Halsted St., Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg?w=1000\" loading=\"lazy\" class=\"wp-image-1004208025 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg\" alt=\"1929 S. Halsted St., Chicago\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1929-S.-Halsted-St.-Chicago.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208025\" class=\"wp-caption-text\">1929 S. Halsted St., Chicago<\/p><\/div>\n<p>The six-story, 50,000-square-foot building in the Pilsen Art District was initially completed in 1916 and used as a chocolate factory. Aberdeen Development rehabilitated the white terra-cotta construction transforming it into a Class A office property featuring approximately 5,000 square feet of ground-floor retail space. The building offers access to interstates 90, 290, 55, and 94 and is only minutes away from Chicago\u2019s Loop.<\/p>\n<h2>2017 N. Mendell St.<\/h2>\n<p>This adaptive-reuse project transformed the century-old industrial building on Mendell Street into an office property offering 60,718 square feet of creative space. Baker Development bought the\u00a0asset from Stawski Distributing for $2.5 million in 2015, according to PropertyShark data. The company broke ground on the development at the end of 2016 and delivered it one year later.<\/p>\n<p>The Class A building features four floors, above-standard ceiling heights and 49 parking spaces. The designer is Chicago-based MRSA Architects &amp; Planners. It is centrally located within the emerging Lincoln Yards neighborhood, along the Clybourn Corridor shopping district and close to the Clybourn Metra station and other transportation options.<\/p>\n<h2>Centegra Health Medical Office Building<\/h2>\n<div id=\"attachment_1004208026\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208026\" data-attachment-id=\"1004208026\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/10370-haligus-road-huntley-ill\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg\" data-orig-size=\"1000,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"10370 Haligus Road, Huntley, Ill.\" data-image-description=\"&lt;p&gt;10370 Haligus Road, Huntley, Ill.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;10370 Haligus Road, Huntley, Ill.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg?w=1000\" loading=\"lazy\" class=\"wp-image-1004208026 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg\" alt=\"10370 Haligus Road, Huntley, Ill.\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/10370-Haligus-Road-Huntley-Ill..jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208026\" class=\"wp-caption-text\">10370 Haligus Road, Huntley, Ill.<\/p><\/div>\n<p>Developer Duke Realty delivered the 80,973-square-foot building at 10370 Haligus Road in Huntley, Ill., at the beginning of 2017. In May, the property became part of a $2.8 billion portfolio transaction closed between the developer and Healthcare Trust of America. The deal included 77 other <a href=\"https:\/\/www.commercialsearch.com\/news\/hta-shells-out-2-8b-for-duke-realty-portfolio\/\">health-care developments<\/a>. The facility is part of a campus\u00a0that also houses a fitness center, a hospital and an immediate care unit.<\/p>\n<h2>Hamilton Lakes Business Park\u2014AAP Headquarters<\/h2>\n<div id=\"attachment_1004208027\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208027\" data-attachment-id=\"1004208027\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/aap-headquarters-at-hamilton-lakes-business-park-itasca-ill\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg\" data-orig-size=\"810,607\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"AAP Headquarters at Hamilton Lakes Business Park, Itasca, Ill.\" data-image-description=\"&lt;p&gt;AAP Headquarters at Hamilton Lakes Business Park, Itasca, Ill.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;AAP Headquarters at Hamilton Lakes Business Park, Itasca, Ill.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg?w=810\" loading=\"lazy\" class=\"wp-image-1004208027 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg\" alt=\"AAP Headquarters at Hamilton Lakes Business Park, Itasca, Ill.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg 810w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/AAP-Headquarters-at-Hamilton-Lakes-Business-Park-Itasca-Ill.-e1519291696122.jpg?resize=768,576 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208027\" class=\"wp-caption-text\">AAP Headquarters at Hamilton Lakes Business Park, Itasca, Ill.<\/p><\/div>\n<p>In October 2017, The Opus Group completed the new 183,603-square-foot headquarters of American Academy of Pediatrics. The <a href=\"https:\/\/www.commercialsearch.com\/news\/opus-to-develop-aap-national-headquarters-2\/\">Class A office\u00a0build-to-suit<\/a> is located within the Hamilton Lakes Business Park in Itasca, Ill. The building encompasses a general work space for employees as well as\u00a0conference and event rooms, a recording studio, full print shop\u00a0and a temperature- and humidity-controlled area for historical archives and legacy pediatrics records.<\/p>\n<p>The structure has a curved shape with an all-glass fa\u00e7ade and 10-foot floor-to-ceiling windows. In addition, architecture firm Stantec incorporated several sustainable elements into the structure such as high-performance and high-efficiency glass and HVAC units, LED lighting, bioswales and water filtration areas as well as electric car charging stations and permeable pavers.<\/p>\n<h2>300 Windsor Drive<\/h2>\n<p>Construction work at this Oak Brook building,\u00a0serving as the new headquarters of Chamberlain Group, was finalized\u00a0at the beginning of 2017. According to <em>The Chicago Daily Herald<\/em>, the 228,000-square-foot office development replaced the four buildings\u00a0that made up the property in 2014, when The Duchossois Group, Chamberlain\u2019s parent company, bought the site. The center features collaboration spaces, plenty of natural light and several wellness elements and is\u00a0pursuing LEED certification.<\/p>\n<h2>Fulton West<\/h2>\n<div id=\"attachment_1004208029\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208029\" data-attachment-id=\"1004208029\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/1330-w-fulton-st-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg\" data-orig-size=\"1000,800\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1330 W. Fulton St., Chicago\" data-image-description=\"&lt;p&gt;1330 W. Fulton St., Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;1330 W. Fulton St., Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg?w=1000\" loading=\"lazy\" class=\"wp-image-1004208029 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg\" alt=\"1330 W. Fulton St., Chicago\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/1330-W.-Fulton-St.-Chicago.jpg?resize=768,614 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208029\" class=\"wp-caption-text\">1330 W. Fulton St., Chicago<\/p><\/div>\n<p>The 286,800-square-foot office development is located at 1330 W. Fulton St. in Chicago\u2019s West Loop. The mid-rise construction\u00a0features nine stories, with approximately 20,000 square feet of retail space on the first level. The owner, Sterling Bay, broke ground on the building in 2016\u00a0after securing a $78 million construction loan from Bank of America.<\/p>\n<p>Amenities include an on-site parking lot\u00a0that can accommodate up to 610 vehicles, a private roof deck overlooking the city, outdoor terraces, a fitness center and tenant lounge. The offices of Google, Dyson and McDonald\u2019s Corp. are located nearby.<\/p>\n<h2>River Point<\/h2>\n<div id=\"attachment_1004208030\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208030\" data-attachment-id=\"1004208030\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/river-point-444-w-lake-st-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago-e1519291891553.jpg\" data-orig-size=\"566,424\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"River Point, 444 W. Lake St., Chicago\" data-image-description=\"&lt;p&gt;River Point, 444 W. Lake St., Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;River Point, 444 W. Lake St., Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago-e1519291891553.jpg?w=566\" loading=\"lazy\" class=\"wp-image-1004208030 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago-e1519291891553.jpg\" alt=\"River Point, 444 W. Lake St., Chicago\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago-e1519291891553.jpg 566w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/River-Point-444-W.-Lake-St.-Chicago-e1519291891553.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208030\" class=\"wp-caption-text\">River Point, 444 W. Lake St., Chicago<\/p><\/div>\n<p>Previously known as 200 N. Riverside Plaza, the 52-story <a href=\"https:\/\/www.commercialsearch.com\/news\/river-point-tower-gets-steakhouse-with-retractable-roof\/\">office tower<\/a> is part of Hines\u2019 property portfolio. Located at 444 W. Lake St., the 1.1 million-square-foot building includes retail space on the first four floors, a rooftop restaurant as well as four levels of parking.<\/p>\n<p>Hines broke ground on the tower at the beginning of 2013, using the air rights above the railroad tracks. Its tenant roster includes law firm McDermott Will &amp; Emery, Morton Salt and Mead Johnson.\u00a0The property, designed by\u00a0Pickard Chilton, features column-free floorplates, a three-story lobby, a fitness center, a common conference center, a restaurant and several retail spaces. \u00a0<\/p>\n<h2>150 N. Riverside<\/h2>\n<div id=\"attachment_1004208031\" style=\"width: 310px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004208031\" data-attachment-id=\"1004208031\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/top-8-chicago-office-completions-in-2017\/150-n-riverside-st-chicago\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago-e1519292072289.jpg\" data-orig-size=\"528,398\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"150 N. Riverside St., Chicago\" data-image-description=\"&lt;p&gt;150 N. Riverside St., Chicago&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;150 N. Riverside St., Chicago&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago-e1519292072289.jpg?w=528\" loading=\"lazy\" class=\"wp-image-1004208031 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago-e1519292072289.jpg\" alt=\"150 N. Riverside St., Chicago\" width=\"300\" height=\"226\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago-e1519292072289.jpg 528w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/150-N.-Riverside-St.-Chicago-e1519292072289.jpg?resize=300,226 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004208031\" class=\"wp-caption-text\">150 N. Riverside St., Chicago<\/p><\/div>\n<p>The largest development completed in Chicago in 2017 is a\u00a054-story, 1.2 million-square-foot tower. The structure was built on a plot of land suitable for a smaller building, but\u00a0design firm Goettsch Partners\u00a0managed to adapt the project to the challenging site.<\/p>\n<p>The design of the high-rise changed several times since 2012. The tower&#8217;s complex structural system includes a glass curtain covering the entrance and outside promenade. Owner Riverside Investment &amp; Development secured a $470 million loan from Bank of America to refinance the existing construction loan and cover lease expenses.<\/p>\n<p><em>Images courtesy of Yardi Matrix and The Opus Group<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Within the past year, the city welcomed several adaptive-reuse projects as well as two new office towers in its effort to adapt to the growing number of businesses relocating to core areas. <\/p>\n","protected":false},"author":242,"featured_media":1004208036,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,13,21747],"tags":[39174,34488,32797,33248,33142],"class_list":["post-1004208013","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-midwest","category-office","tag-150-n-riverside-plaza","tag-goettsch-partners","tag-hines","tag-sterling-bay-company","tag-the-opus-group"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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