Quote:
Originally Posted by marothisu
Who knows - I'm guessing any type of business. That is a lot of space. My office is something like 125,000 sq ft and we have over 500 people working in that. Just imagine 2.25 million sq ft was similar to that - you'd have close to 10,000 people working there.
I think that if they can develop this thing the right way for the types of spaces business can use or at least renovate to (and not merely just "it looks great") then I think it would lure some companies either away from the suburbs or companies looking to move to a new city. It's right near the Clinton Blue Line stop and Union Station, not far of a walk from the LaSalle Street Metra stop, right near 2 major expressways, and the walk is doable from one of the Pink/Purple/Brown line stops. It's also walkable from parts of South Loop and Riverline development is going to be right there.
The transit coverage in that area is excellent. If they can do the marketing and get companies there, I don't think they'll have a problem filling it up within a handful of years.
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They are already starting a big marketing push, the fences on van buren have promotional material attached, I'll see if I can get a picture of it when I'm in the area.
They are talking to prospective tenants already and most of the available space is a blank slate that can be built out to suit the tenant's needs. From what I've heard through the grapevine, they are talking to some big name tenants. I'm excited to see what it develops into.