A Look at the Plans for the Tribune Tower Redevelopment
Apr23

A Look at the Plans for the Tribune Tower Redevelopment

In a matter of weeks, the Tribune Tower will become just another chapter in the  Chicago Tribune’s proud 171 year history, as parent company Tronc uproots Chicagoland’s paper of record from its home of nearly a century. With the Trib decamps for Prudential Plaza across the river, Los Angelino developer CIM Group can begin work turning the beloved landmark into 163 swishy condominiums for Chicagoans with thicker wallets...

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Gasp-Worthy Proposal Unveiled for Chicago’s Second-Tallest Skyscraper
Apr16

Gasp-Worthy Proposal Unveiled for Chicago’s Second-Tallest Skyscraper

As the kids say these days: “Oh. My. God.” That was the reaction — positive and negative — to the proposed new skyscraper unveiled tonight at a public meeting at the Sheraton Grand Chicago. Development duo CIM Group and Golub & Co. pulled the sheet off of a stunning new skyscraper proposal that, at 1,422 feet, would be the second-tallest building in Chicago.  It’s planned for the surface parking lot behind the...

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We’ll Soon See Michigan Avenue’s Huge New Skyscraper
Apr09

We’ll Soon See Michigan Avenue’s Huge New Skyscraper

Remember a few months ago when Alderman Reilly knocked over a pot of beans about the new skyscraper coming to Michigan Avenue?  Back then, all we knew was that the planned building could be as much as 1,388 feet tall, making it the third-tallest in Chicago.  And at the time, we put together a graphic illustrating what a skyscraper that tall might look like rising out of the Tribune Tower’s parking lot: We also predicted that the...

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Tribune’s Love-Hate Relationship With Itself Lands Trib Tower In Court
Apr09

Tribune’s Love-Hate Relationship With Itself Lands Trib Tower In Court

One of the truisms of life is that wherever there is a real estate developer, there’s a lawyer.  Lawyers and real estate go together like Han Solo and Chewbacca.  Like peanut butter and kids with peanut allergies.  Like politicians and sacks of money with dollar signs written on them. If you thought the sale of Tribune Tower (435 North Michigan Avenue) to CIM Group was going to go through without drama, then you don’t know...

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Massive New Michigan Ave Tower Uncovered and What It Might Look Like
Jan25

Massive New Michigan Ave Tower Uncovered and What It Might Look Like

We’ve known for a long time that CIM Group has big plans for the surface parking lot behind the Tribune Tower. But we didn’t know they were this big. 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...

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With Trib Tower Tucked, Focus Fixes on Freedom’s Future
Oct03

With Trib Tower Tucked, Focus Fixes on Freedom’s Future

It’s not exactly a secret that the people at the helm of the smoldering remains of the Tribune empire are interested in a more structured future for the company’s Freedom Center out at 777 West Chicago Avenue. Just last year we published a rendering of the property completely redeveloped with shops, apartment blocks and office towers. But now that the Tribune Tower has been officially offloaded onto CIM Group, it’s...

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While Trib Tower Redevelopers Salivate, Alderman Urges Caution
Sep06

While Trib Tower Redevelopers Salivate, Alderman Urges Caution

In any city as old and complex as Chicago, there are bound to be quirks of history that affect modern day development. The protected cattle path through the heart of the Loop is one example we’ve told you about over the years. Another is the view corridor in Streeterville. We last reviewed this municipal oddity in June of 2015 when we were explaining to you why the new skyscraper coming to 465 North Park Drive is situated where...

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Tribune Tower Sold to L.A.’s CIM Group
Aug30

Tribune Tower Sold to L.A.’s CIM Group

For half a decade, locals and industry insiders have been watching the formerly mighty Tribune media empire crack, collapse, and dissolve away like the Antarctic ice shelf.  Today a massive glacier calved off the Tribune Tower in downtown Chicago, floating it over to CIM Group for $240 million in cash money. So, what becomes of the Tribune Tower?  Lots.  CIM isn’t one of those companies that buys a property if it doesn’t...

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What’s Will Happen to Trib Tower? It’s Anyone’s Guess
May18

What’s Will Happen to Trib Tower? It’s Anyone’s Guess

You don’t need to take a Magic 8 Ball upside the head to know that the future is hazy for Tribune Tower.  What will become of the landmark of Chicago landmarks is uncertain as its former media powerhouse owner turns over every last couch cushion looking for money. For the last few years the local commercial real estate industry has been abuzz about the potential of the storied tower changing hands, and along with it development...

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Neo-Gothic Tribune Tower Anchors The South End Of Mag Mile
Dec01

Neo-Gothic Tribune Tower Anchors The South End Of Mag Mile

The New York architects John Mead Howells and Raymond Hood pocketed a nice prize—$50,000—in 1922 for their design of the Chicago Tribune’s iconic building at 435 N. Michigan Avenue. Today, the Tribune Tower is still the headquarters of the newspaper and its parent Tribune Media. It was also a popular stop at the 2015 Open House Chicago event hosted by the Chicago Architecture Foundation. The building has a number of noteworthy design...

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