{"id":1004582009,"date":"2022-05-26T04:08:21","date_gmt":"2022-05-26T12:08:21","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004582009"},"modified":"2022-12-08T12:24:56","modified_gmt":"2022-12-08T20:24:56","slug":"hines-jv-tops-out-on-1-2-msf-chicago-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hines-jv-tops-out-on-1-2-msf-chicago-tower\/","title":{"rendered":"Hines JV Tops Out 1.2 MSF Chicago Tower"},"content":{"rendered":"<div id=\"attachment_1004582010\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Salesforce-Tower-Chicago.-Image-courtesy-of-Hines-e1653563243945.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004582010\" data-attachment-id=\"1004582010\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hines-jv-tops-out-on-1-2-msf-chicago-tower\/salesforce-tower-chicago-image-courtesy-of-hines\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Salesforce-Tower-Chicago.-Image-courtesy-of-Hines-e1653563243945.jpg\" data-orig-size=\"800,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;9&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;ILCE-9&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1653406285&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;12&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.005&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Salesforce Tower Chicago. Image courtesy of Hines\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Salesforce Tower Chicago. Image courtesy of Hines&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Salesforce-Tower-Chicago.-Image-courtesy-of-Hines-e1653563243945.jpg?w=800\" class=\"wp-image-1004582010 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/05\/Salesforce-Tower-Chicago.-Image-courtesy-of-Hines-e1653563243945.jpg?w=300\" alt=\"\" width=\"300\" height=\"225\"><\/a><p id=\"caption-attachment-1004582010\" class=\"wp-caption-text\">Salesforce Tower Chicago. Image courtesy of Hines<\/p><\/div>\n<p><strong>Hines<\/strong> and <strong>Salesforce<\/strong> have topped out on the 60-story Salesforce Tower Chicago, a 1.2 million-square-foot office building in downtown Chicago. The building will open in the first quarter of 2023 and Salesforce will occupy 500,000 square feet. In 2017, <strong>Bank of America<\/strong> provided a $216 million loan for the development, according to CommercialEdge.<\/p>\n<p>Located on one of the city\u2019s last remaining riverfront sites, the high-rise is part of the Wolf Point masterplan. Designed by <strong>Pelli Clarke Pelli Architects<\/strong>, Wolf Point is slated to include, besides the office tower, two luxury apartment buildings, 2.5 acres of landscaped park as well as 1,000 linear feet of river frontage.<\/p>\n<p>Located at 333 Wolf Point Plaza, the property is less than 2 miles from the Lake Michigan waterfront, surrounded by several transportation, retail, dining and entertainment options.<\/p>\n<p>The property is the first office tower ever to achieve a 19 percent reduction in carbon emissions, by following Hines\u2019 Embodied Carbon Reduction Guide, according to the company. The high-rise will feature roughly 25,000 square feet of retail space, while amenities will include a fitness center, conference center and lounge.<\/p>\n<p>Active across many U.S. markets, Hines is in the process of constructing another environmentally friendly and sustainable <a href=\"https:\/\/www.commercialsearch.com\/news\/a-first-look-at-hines-nashville-project\/\">mixed-use project in Nashville<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The 60-story building is part of the Wolf Point master plan.<\/p>\n","protected":false},"author":3142,"featured_media":1004582010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21782,22251,13,21742,21747],"tags":[33250,32797,34918,33611,33110],"class_list":["post-1004582009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chicago","category-development","category-in-focus","category-midwest","category-latest","category-office","tag-bank-of-america","tag-hines","tag-pelli-clarke-pelli-architects","tag-salesforce","tag-salesforce-tower"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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