Faced with a crowded field of developers looking to launch downtown’s next office towers, developer Steve Fifield has decided to go up.
Mr. Fifield now plans to build as high as 75 stories, with up to 1.4 million square feet, on adjacent West Loop sites. Previously he pitched pitching a pair of 20-story, 490,000-square-foot structures at 601 and 625 W. Monroe St.
“Several tenants we’ve talked to are more interested in the larger building,” Mr. Fifield said. “If you can’t fight them, join them. The idea is to go from doing medium-sized buildings with no architectural significance to a landmark-type building.”
Read more in Crain’s Chicago Business.