National Association of Realtors to begin $45 million HQ expansion

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The National Association of Realtors has been granted approval by the city of Chicago to expand its 12-story national headquarters at 430 North Michigan Ave.

The association will add two floors to its headquarters as part of a $45 million expansion and renovation of the building, The Real Deal reports.

The city recently granted the NAR a permit to start work on the project, which will add a 13th and 14th floor and will including a glass-walled conference room overlooking the Magnificent Mile, according to Curbed.

The project will expand the building to a total of 18,000 sq. ft. One Development, which is the design and development arm of GNP Realty Partners, will oversee the project, which will also include new elevators and lobby, along with infrastructure upgrades.

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