{"id":1004345507,"date":"2019-08-14T07:30:48","date_gmt":"2019-08-14T15:30:48","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004345507"},"modified":"2022-03-03T00:02:56","modified_gmt":"2022-03-03T08:02:56","slug":"brookfield-properties-redevelops-top-floors-of-iconic-chicago-building","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/brookfield-properties-redevelops-top-floors-of-iconic-chicago-building\/","title":{"rendered":"Brookfield Properties Redevelops Top Floors of Iconic Chicago Building"},"content":{"rendered":"<div id=\"attachment_1004345684\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004345684\" data-attachment-id=\"1004345684\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/brookfield-properties-redevelops-top-floors-of-iconic-chicago-building\/24-e-washington-st\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png\" data-orig-size=\"800,620\" 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=\"24 E. Washington St.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;24 E. Washington St. Image via Google Street View&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png?w=800\" loading=\"lazy\" class=\"wp-image-1004345684 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/24-E.-Washington-St..png?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004345684\" class=\"wp-caption-text\">24 E. Washington St. <em>Image via Google Street View<\/em><\/p><\/div>\n<p>Less than two months after breaking ground on a <a href=\"https:\/\/www.commercialsearch.com\/news\/brookfield-hearst-jv-kicks-off-1b-project-in-san-francisco\/\">$1 billion mixed-use project<\/a> in San Francisco\u2019s SoMa district, Brookfield Properties has started a new major project, this time in Chicago. Together with Clayco, Lamar Johnson Collaborative and The Telos Group, the company is set to renovate and lease the last six floors of the former Marshall Field and Company Building at 24 E. Washington St.<\/p>\n<p>The 650,000-square-foot space will be transformed into state-of-the-art office space offering floorplates between 110,000 to 130,000 square feet. The opening ceremony is scheduled for the first quarter of 2020. The conversion will make the floors available to the public for the first time since the building\u2019s completion in 1893. &nbsp;<\/p>\n<h2>Aiming for LEED Certification<\/h2>\n<p>The multi-million dollar investment will include a new lobby, elevators and entrance to the 14-story building as well as upgrades to the floors\u2019 heating, air conditioning and plumbing. Planned amenities include a 40,000-square-foot fitness center, a 10,000-square-foot rooftop garden with views of Lake Michigan, tenant lounge, basketball court and a conferencing center. Other improvements include fa\u00e7ade cleaning, window refurbishment, the rehabilitation of entrance canopies and skylights as well as masonry and terra cotta repairs throughout the building. The developers are aiming to have the project LEED certified at the Silver level. &nbsp;&nbsp;<\/p>\n<p>Brookfield bought the space from Macy\u2019s in 2018. The retailer has owned the iconic building since 2006 and will continue to operate its flagship store on the building\u2019s first seven floors. Designed by D.H. Burnham &amp; Co., the property has been designated a National Historic Landmark and City of Chicago Landmark. The building is also listed on the National Register of Historic Places.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The last six floors of the former Marshall Field and Company building and current home of Macy\u2019s will be turned into modern office space by 2020. <\/p>\n","protected":false},"author":30,"featured_media":1004345684,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,13,21742,21747],"tags":[33497,32869,32779,34092],"class_list":["post-1004345507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-midwest","category-latest","category-office","tag-brookfield-properties","tag-clayco","tag-leed","tag-the-telos-group-llc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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