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Irvine Company to Reinvest $10M into One North Wacker
Irvine Company has seen strong leasing activity at One North Wacker over the past year, totaling more than 100,000 square feet and bringing the trophy tower to nearly 90 percent leased. This includes national law firm BakerHostetler, communications leader Sinch, and Berkshire Hathaway, among others.
The boom in activity comes as Irvine enters the next phase of the company’s ongoing $10 million reinvestment plan, further elevating the iconic Chicago high-rise. Plans include enhancements to the 17,000-square-foot amenity floor, with a reimagining of the 7,100-square-foot customer to feature a new coffee bar. The 4,600-square-foot conferencing venue will also be transformed, along with an expansion of the 5,300-square-foot fitness center.
“We are excited to see the strong customer response to the enhancements at One North Wacker,” said Roger DeWames, Division EVP at Irvine. “These strategic reinvestments reflect Irvine Company’s commitment to unparalleled quality, exceptional workplace experiences and unmatched leasing flexibility ‒ backed by our long-term ownership and financial stability.”