Construction will start soon of a $115 million, 13-story office development to replace the former AmeriGas propane facility just east of the Ace Hotel at 320 N. Sangamon. Chicago’s Mark Goodman & Associates and New York based partner Tishman Speyer are the project’s developers, Chicago Curbed reports.
Solomon Cardwell Buenz (SCB) designed the 268,000 sq. ft. of office space. DataBid.com reports that Clark Construction Group will be the general contractor. DataBid subscribers can discover further information at this link.
This project will be among several West Loop office buildings breaking ground, including other developments such as 167 N. Green, 333 N. Green, 318 N. Carpenter and West End on Fulton. Work will also commence soon on an 18 story office tower at 800 N. Fulton Market.
DataBid also reports that MSN News says that the structure is one of several commercial developments rumored to be in the running for an expansion of Google’s Fulton Market headquarters.
Crain’s Chicago Business says tech giant Google is talking to developers in the Fulton Market area about doubling its office footprint to around one million square feet. The company has been eyeing a series of proposed developments.
Google has been in Chicago since 2000, but its growth has picked up in recent years. It has nearly doubled its employees to more than 1,000 since it moved from River North to Fulton Market four years ago. It was mostly a sales operation at the time but is now more than one-third engineers. The company plans to beef up its local team with more engineering jobs and hoping to tap into Chicago’s pool of Midwest engineering talent that is more affordable and easier to retain than on the coasts.
