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New Look for Long-Vacant Chicago Mercantile Exchange Site

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Back in April, we reported that the Crown Family, owner the old the Chicago Mercantile Exchange site, had teamed up with Tishman Speyer to develop the property with a one-million-square-foot office tower. We were encouraged that Krueck & Sexton, the firm behind the awarding-wining Spertus Institute on South Michigan Avenue, had been commissioned to design the building. Now, thanks to an article in the Sun-Times that includes a small, blink-and-you'll-miss-it rendering, we can peep the latest design. The building's height is encouraging as is the sleek blue facade, articulated with subtle indentations reminiscent of Spertus. No word as yet on potential tenants, though Google was rumored to be in the mix. A shiny new skyscraper at the long-vacant site would help redress past transgressions of the Crown family, which opted, amid bitter debate, to demolish the historic exchange building in 2002.
·Office Scheme May Put 1M SF Tower at Franklin and Randolph [Curbed Chicago]
·County official sees value in ‘land bank’ of foreclosed properties [Sun-Times]