Developer to seek landmark status, tax incentives for huge project at Post Office

Organizations:

The owner of the Old Main Post Office plans to seek landmark status and a property-tax break for the vacant 91-year-old building as part of a plan to redevelop it into a massive mixed-use complex.

British investor Bill Davies also aims to present his proposal for the shuttered post office 433 W. Van Buren St. to the Chicago Plan Commission next month, said his architect, Joseph Antunovich, president of Chicago-based Antunovich Associates.

Under a new plan Mr. Antunovich unveiled last month, the project would include 6,400 residential units, more than 2 million square feet of office space, 800,000 square feet of retail space and 1,240 hotel rooms in and around the vacant colossus spanning the Congress Expressway. Mr. Davies acquired the structure in 2009.

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Read more in Crain’s Chicago Business.

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