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110 North Wacker, also known as the Bank of America Tower, is a 57-floor skyscraper in
The address was previously the site of the GGP building, which was constructed in 1958 and served as the headquarters of
Official website
{{Chicago skyscrapers Skyscrapers in Chicago Central Chicago Office buildings in Chicago
Chicago
(''City in a Garden''); I Will
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located at 110 North Wacker Drive
Wacker Drive is a major multilevel street in Chicago, Illinois, running along the south side of the main branch and the east side of the south branch of the Chicago River in the Loop.Hayner, Don and Tom McNamee, ''Streetwise Chicago'', "Wacker D ...
. It was developed by the Howard Hughes Corporation
The Howard Hughes Corporation is a real estate development and management company based in The Woodlands, Texas. It was formed in 2010 as a spin-off from General Growth Properties (GGP). Most of its holdings are focused on several master-planned ...
and Riverside Investment & Development. It was designed by Goettsch Partners with construction by Clark Construction
Clark Construction, also referred to as Clark Construction Group, LLC, is a construction firm headquartered in Bethesda, Maryland, and founded in 1906. The company had 2018 annual revenue of more than $5 billion, and is one of the largest commerc ...
. Structural engineering was by Thornton Tomasetti
Thornton Tomasetti (formerly the Thornton-Tomasetti Group, Thornton Tomasetti Engineers, Lev Zetlin & Associates, LZA Technology and Weidlinger Associates) is a global, 1,500-plus person scientific and engineering consulting firm.
Services
Tho ...
. A topping-out ceremony was held in September 2019 and the building officially opened in on October 14, 2020.
With a height of and containing 57 stories, it is the tallest all-commercial building in Chicago since Two Prudential Plaza
The Two Prudential Plaza is a 64-story skyscraper located in the Loop area of Chicago, Illinois. At tall, it is currently the sixth-tallest building in Chicago and the 28th-tallest in the U.S., being only five feet from 1,000 feet, making it t ...
in 1990. Bank of America
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina. The bank w ...
has committed to leasing of office space in the building. Perkins Coie
Perkins Coie is an American multinational law firm headquartered in Seattle, Washington. Founded in 1912, it is recognized as an Am Law 50 firm. It is the largest law firm headquartered in the Pacific Northwest and has 20 offices across the Un ...
has also signed a lease to the building.
Construction
The address was previously the site of the GGP building, which was constructed in 1958 and served as the headquarters of Morton Salt
Morton Salt is an American food company producing salt for food, water conditioning, industrial, agricultural, and road/highway use. Based in Chicago, the business is North America's leading producer and marketer of salt. It is a subsidiary of h ...
until 1990, after which it was the headquarters of General Growth Properties (GGP) starting in 1997. The Howard Hughes Corporation and Riverside Investment & Development purchased the site in 2014, and plans for a new building were announced in early 2017, being approved by the Chicago Plan Commission
The Chicago Plan Commission is a commission implemented to promote the ''Plan of Chicago,'' often called the Burnham Plan. After official presentation of the Plan to the city on July 6, 1909, the City Council of Chicago authorized Mayor Fred A. Bu ...
in March and again in revised form in December.
In 2017 GGP agreed to leave the premises starting in early 2018. In August 2017 the Illinois Historic Preservation Agency
The Illinois Historic Preservation Division, formerly Illinois Historic Preservation Agency, is a governmental agency of the U.S. state of Illinois, and is a division of the Illinois Department of Natural Resources. It is tasked with the duty of m ...
found that the GGP building was eligible for the National Register of Historic Places
The National Register of Historic Places (NRHP) is the United States federal government's official list of districts, sites, buildings, structures and objects deemed worthy of preservation for their historical significance or "great artistic v ...
, which resulted in the United States Army Corps of Engineers giving public notice that demolition of the building would constitute an "adverse effect" on the surroundings. This required a period for public comments and could have jeopardized the future of the development. It was ultimately decided that some of the facade of the GGP building would be incorporated into the base of the new building, and the GGP building was demolished beginning in January 2018.
Barges were used extensively in the construction of the new building, much of which also took place on the lower levels of the multi-level Wacker Drive. An ordinance requiring open air for a riverwalk would have rendered the project uneconomical if interpreted literally, so the building was allowed to overhang the riverwalk by .
Sale
On December 28, 2021, it was announced that Oak Hill Advisors had purchased 110 N. Wacker from Howard Hughes Corp. for more than $1B.References
External links
Official website
{{Chicago skyscrapers Skyscrapers in Chicago Central Chicago Office buildings in Chicago