New Aon Center Owner Plans Observatory

Now that the 601W Cos owns Aon Center free and clear, the group is ready to make its mark on Chicago's fourth-tallest skyscraper. The firm says an observatory atop the 83-story tower is in its long-range plans. If realized, this would make Chicago the second city in North America with observatories atop three supertalls.

An observation deck was touted as one of several value-adds to prospective buyers by Aon Center's former owner, Piedmont Office Realty Trust. 601 managing principal Mark Karasick believes the views offered at Aon Center are worth the investment. Karasick told Crain's the unobstructed views would complement the existing observation decks at Willis Tower and the John Hancock Center.

New ownership also plans on extending Aon Center's retail out from the building to the street, and wants to use the top two floors for some sort of restaurant and bar. [Crain's]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

Cross Ocean Partners, Fuller Realty Acquire 829K SF Houston Office Campus

108-Acre Hawthorne Race Course Buyer Could Put Data Center On Site

NYC Office Investor Warns It Could Go Under As Defaults Pile Up

Deutsche Bank Takes 5 Floors At Oaktree And Quadrant's Canary Wharf Scheme

Coconut Grove Office Flipped For $15M Gain After One Year

D.C.'s Office Market Is Getting A Makeover

Oxford Properties Pays $435M For Boston Office Tower, Eyes More Deals

Oak Brook Investor Scoops Up Suburban Multifamily Community: The Chicago Deal Sheet

Judge Rules FBI Can't Scrap Maryland Headquarters Plan

EXCLUSIVE: Opal Holdings' Former 700K SF Suburban Chicago Office Campus Hits The Market

Judge Approves $70M Sale Of Philly's Largest Office Complex

Big-Box Deals Push Chicago Industrial Leasing Into National Top 3