^The Kress at Third & Main will be another step in the right direction for downtown! The renovations to the historic fascade are looking nice.
This 8-story office building should be a nice looking addition for the Essen Lane corridor. Glad to see it finally start!
Work starts on Essen Lane office building
Construction has started on a 90,000-square-foot office building at Essen Lane and Summa Avenue. Spatz Development of Chicago is building the eight-story spec property despite rumblings it wouldn't happen because of the financial risks until a major tenant got on board. While no tenants have signed contracts yet for the property, Ben Graham and Robert Pettit of NAI/Latter & Blum Realtors, who are serving as leasing agents, say a number of large firms are eyeing spots. "The demand for office space is there," Pettit says. "It's just a matter of getting out of the ground. That will motivate the tenants that are floating around." This is the first Class A office building to be built on Essen Lane since The Shaw Group opened its headquarters just north of Interstate 10. Milton Womack is handling construction of the unnamed building, with WHL serving as the architect. Plans are to open the building by September 2009.
http://www.businessreport.com/archiv...weekly/latest/