“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.
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).
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