Not sure if this was reported about the decrease in space from 1,2 mil to 800K
New financing parameters have led to the uncertainty of an
announced office development. 444 Lake Street went back to the
design table when financing could not be secured for a 1.2M sf
building anchored by William Blair and Baker McKenzie. Blair has
since walked from the deal and the building size has been reduced to
800,000 sf while financing for the project remains problematic.
http://www.cresapartners.com/tenantsguides/Chicago.pdf