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Chicago & Midwest  + North Side  + Office  | 

GlenStar, Angelo Gordon Launch Refresh of President’s Plaza

GlenStar Properties and joint venture partner Angelo Gordon & Co. have launched a $20-million renovation campaign at the two-building, 830,479-square-foot President’s Plaza in the North Side’s O’Hare submarket. Ownership expects the project to be completed in the second quarter 2019.

“We have an exceptional opportunity to capitalize on the property’s unique ‘urban/suburban’ location with a contemporary refresh of the buildings,” said GlenStar principal Michael Klein.

Plans call for the following:

• A full gut lobby refresh at both buildings
• A new tenant lounge that will connect to the patio for indoor/outdoor entertaining/functions/activities
• A complete renovation of the fitness center operated by Midtown Athletic Club
• A complete renovation of the deli operated by Compass Group
• A physical and technological overhaul of the conference center
• A new lobby stairwell designed to better connect the upper level to the lower level
• New passenger elevator interiors
• A continuation of the restroom and corridor renovations

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About Paul Bubny

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 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).