Iconic Chicago High-Rise Slated for $500M Revamp

Blackstone and Equity Office are planning to transform Willis Tower into a lively neighborhood center.

Chicago—Blackstone and Equity Office will transform Willis Tower in downtown Chicago thanks to a $500 million investment, reinforcing the iconic tower as a civic destination and a premier workplace in the area.

Willis Tower in Chicago
Willis Tower in Chicago

“Willis Tower will be transformed into an enviable workplace with unprecedented office amenities, and unique retail and entertainment experiences,” Paul Kurzawa, Equity Office’s managing director-development, who is overseeing the redevelopment, told Commercial Property Executive. “We are delivering over 150,000-square-feet of new office tenant amenities, bringing them closer to the office tenants and their guests.”

As part of the transformation, approximately 460,000 square feet of existing space within the Tower will be reconfigured, including 150,000 square feet of space for exclusive tenant use, including a full-service fitness center, expansive tenant lounges, private event space and concierge services…

Iconic Chicago High-Rise Slated for $500M Revamp

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