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GlenStar, Rubenstein Launch Phase Two of Continental Towers Makeover
Locally-based GlenStar and Philadephia-based Rubenstein Partners unveiled plans for a $15-million capital improvement campaign at Continental Towers, a 910,796-square-foot office complex in Rolling Meadows, IL. It’s the second of a two-phase redevelopment project initiated in 2015.
“Our modernization and capital improvement plan for Continental Towers is intended to comprehensively update and reposition an already exceptional asset,” said Rubenstein’s Peter Gottlieb. “We feel we have a unique opportunity to further enhance a well-located building in the attractive Northwest Chicago suburban office market.”
At the heart of Phase Two is a reimagined outdoor terrace that will transform the concrete plaza into nearly an acre of multi-level landscaped space. Work on Phase Two began in June, and is scheduled to be complete by the second quarter of 2020.
“We are building on previous campaigns to ensure that our tenants have the most up-to-date, activated amenities in the suburbs,” said GlenStar’s Michael Klein.
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