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Golub, CIM Propose Chicago’s Second-Tallest Tower
“A harmonious dialogue with Tribune Tower” was proposed by Golub & Co. and CIM Group as the development partnership outlined at a community meeting Monday night. That dialogue would entail building a 1,422-foot hotel and residential tower adjacent to the longtime home of the Chicago Tribune, which will vacate its namesake skyscraper this summer.
The new tower would be the second tallest in Chicago, surpassed only by the 1,451-foot Willis Tower. It would contain a 200-key hotel, 439 rental apartments and 125 residential condominiums. The Tribune Tower would itself be converted to condos.
At the community meeting, Golub’s Lee Golub expressed confidence that foreign condo buyers would be attracted to the new project’s location. “We are on Michigan Avenue. We are on the river. We are in the center of everything here,” he said.
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