Brookfield Unveils Office Plans for Upper Floors of Macy’s
Brookfield Properties has unveiled its plans to redevelop the top six floors of the Macy’s flagship at 24 E. Washington St. as office space. With floorplates as large as 130,000 square feet, the office component at the onetime Marshall Field & Company building will total 650,000 square feet.
In 2018, Brookfield purchased the top six floors from Macy’s, which has owned the 126-year-old landmark building since 2006. Macy’s will continue to operate its flagship store on the building’s first seven floors.
“The building’s rich history and deep connection to the city of Chicago make this redevelopment an extremely unique opportunity to create a one-of-a-kind office environment in a building with such a storied past,” said Alex Antolino, Brookfield’s director of mixed-use development.
Brookfield is partnering with Clayco, Lamar Johnson Collaborative and the Telos Group to assist in the restoration and leasing of 24 E. Washington. The project is set to open in 2020.
Connect Chicago Fall 2019 will take place Oct. 29 in Chicago. For more information, or to register, click here.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).