Ground broken on $22 million office tower renovation project

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KBS has broken ground on a $22 million renovation project at Accenture Tower, a Class A, 40-story building in downtown Chicago.

The 1.46 million-sq.-ft. structure is owned by KBS Real Estate Investment Trust III.

Planned upgrades include a new hospitality-inspired office lobby, conference center with pre-function area, a tenant lounge with 19’ ceiling, featuring an outdoor deck with a variety of seating options, fire pit, fully functional bar, and other features designed by Chicago-based GREC Architects.

In addition to the building upgrades, KBS is continuing its spec suite program by adding 90,000 sq. ft. of new and progressive spec suites, which involves building out tenant suites without a committed tenant.

KBS is working with Leopardo Companies on the planned upgrades.

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