CIM Group and Golub have been tight-lipped about their specific plans for redeveloping Tribune Tower, but interior demolition of the landmark building is quietly moving forward. The Chicago Department of Buildings last week issued a second renovation and alteration permit for the 36-story tower.
The permit covers demolition of non-load-bearing partitions, drop ceilings and associated finishes on the 13th, 18th, 26th, 30th and 31st floors. A permit issued on Jan. 2 covers similar work on the 16th, 20th, 24th, 27th and 29th floors. Crews wasted no time starting work.
Old Tribune Tower doors. Because who wants original details in their historic building, anyway? pic.twitter.com/pAv7YHeDLS
— Liam T.A. Ford (@ltaford) January 6, 2018
The combined value of the work covered under the permits is $4M. Although CIM and Golub have not revealed specifics of their plans for Tribune Tower, it has been widely believed the redevelopment will involve a mix of apartments, offices, retail and a hotel. The building's longtime tenants are moving. Tribune Media, which focuses on broadcasting, signed a lease at 303 East Wacker Drive in November 2016. The Chicago Tribune and its parent company, tronc, are moving their offices to Prudential Plaza.
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