Index Investing News
Thursday, May 29, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Skender Completes Chicago Office Tower Renovation – Commercial Property Executive

by Index Investing News
January 20, 2023
in Property
Reading Time: 3 mins read
A A
0
Home Property
Share on FacebookShare on Twitter


  • 225 W. Wacker Drive – Lobby. All images courtesy of Skender
  • 225 W. Wacker Drive – Amenity space
  • 225 W. Wacker Drive – Roofdeck
  • 225 W. Wacker Drive – Rooftop

Skender has announced the completion of the capital improvement program at 225 W. Wacker Drive, a 615,000-square-foot Class A office tower in Chicago. Cushman & Wakefield was in charge of management and represented the property’s owner, Spear Street Capital.

According to CommercialEdge, Spear Street purchased the 31-story building in 2020 for $210 million. The company appointed Skender as the general contractor of three different construction projects at the property, including upgrades to the lower lobby and Franklin Street entrance, fourth-floor amenity space and roof deck.

Skender worked together with Valerio Dewalt Train as architect, Kohn Pederson Fox Associates as designer and Oehme Van Sweden as the appointed landscape architect of the rooftop terrace.

Project details

The first phase of the renovation focused on the tower’s tenant amenity floor, which has been transformed into a luxury space equipped with Skyfold partitions for conferences, high-quality audio and visual equipment, green areas and a commissioned art collection that is paying tribute to Chicago River, incorporating different minerals.

Connected to the property’s fourth-floor interior, the redesigned open terrace features vegetation with drainage and water filtration systems, curtainwall openings and a new vestibule space. Using high-end materials, the Skender team also redesigned the lobby while keeping the space fully functioning for office tenants.

Wood was used for the building’s flooring, an overhead slab was cut to achieve double-ceiling heights and the tower’s exterior now offers a new curtainwall on the Wacker Drive side.

The renovation began in 2021 and was mostly complete by November 2022. The office property is now a revitalized asset that can accommodate tenants’ hybrid work needs. The tower has also received a LEED Recertification, reaching the Gold level status as of October 2022, according to USGBC.

Earlier in 2022, Skender, together with JLL Construction acted as general contractors for a 200,000-square-foot office building in Chicago’s Fulton Market. Completed in 13 months, Sterling Bay’s project was designed to achieve LEED certification. According to a recent Commercial Property Executive listicle, Illinois had more than 7.8 million square feet of LEED-certified office space during the first half of 2022, representing 6.7 percent of the total national volume. Chicago had 7.3 million square feet of office space that achieved the green certification, including a LEED Platinum award.

 



Source link

Tags: ChicagocommercialcompletesExecutiveOfficePropertyRenovationSkenderTower
ShareTweetShareShare
Previous Post

Playtika offers €690m for “Angry Birds” maker Rovio

Next Post

Notre Dame men’s basketball coach Mike Brey retiring

Related Posts

Simply Listed | 7955 SE Trenton Avenue

Simply Listed | 7955 SE Trenton Avenue

by Index Investing News
May 29, 2025
0

LOVELY IN LEXINGTON WOOD3 Beds | 2 Baths This fantastically up to date pool dwelling is actually unmatched. Completely positioned...

Simply Listed | 50 SE Twelfth Road #2640

Simply Listed | 50 SE Twelfth Road #2640

by Index Investing News
May 29, 2025
0

BEAUTIFUL IN BOCA RATON2 Beds | 2 Baths This superbly up to date unit is ideal for FAU college students...

GBI Particular Report: Leveraging Frameworks, Navigating Dangers

GBI Particular Report: Leveraging Frameworks, Navigating Dangers

by Index Investing News
May 28, 2025
0

Throughout Inexperienced Buildings Initiative’s Higher Buildings Seminar, a panel examined the design and development of a knowledge heart in Reno,...

Simply Listed | 15048 Eighty fifth Highway N

Simply Listed | 15048 Eighty fifth Highway N

by Index Investing News
May 28, 2025
0

AMAZING IN THE ACREAGE4 Beds | 2 Baths This charming, Farmhouse impressed residence sits on 1.37 personal acres and is...

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

CPE Government Council: How Will Tariffs Have an effect on Capital Expenditure?

by Index Investing News
May 28, 2025
0

Tariffs have been on everybody’s minds lately. And whereas the quantities hold altering, it is necessary for these in CRE...

Next Post
Notre Dame men’s basketball coach Mike Brey retiring

Notre Dame men's basketball coach Mike Brey retiring

Stocks making the biggest moves after hours: Netflix, Nordstrom and more

Stocks making the biggest moves after hours: Netflix, Nordstrom and more

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

CLOZ: Higher Revenue Than A Cash Market Account, Much less Risky Than Shares

CLOZ: Higher Revenue Than A Cash Market Account, Much less Risky Than Shares

April 2, 2025
Why You Should Watch ‘Wisconsin Death Trip’

Why You Should Watch ‘Wisconsin Death Trip’

July 5, 2023
All Eyes Are Centered On Clear Cooperation: The Obtain

All Eyes Are Centered On Clear Cooperation: The Obtain

September 29, 2024
United Airlines pilots reach labor agreement, boost pay By Reuters

United Airlines pilots reach labor agreement, boost pay By Reuters

July 16, 2023
Democrat Pollster Doug Schoen Says To ‘Brace For A Republican Wave’

Democrat Pollster Doug Schoen Says To ‘Brace For A Republican Wave’

October 19, 2022
Donald Trump says Nippon Metal has dropped plan to purchase US Metal

Donald Trump says Nippon Metal has dropped plan to purchase US Metal

February 7, 2025
Nicole Lapin’s Money Hacks to Rehab Your Finances & Say Goodbye to Bad Debt

Nicole Lapin’s Money Hacks to Rehab Your Finances & Say Goodbye to Bad Debt

May 22, 2023
Prime 20 Highest Yielding Month-to-month Dividend Shares Now

Prime 20 Highest Yielding Month-to-month Dividend Shares Now

June 7, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In