Chicago First New Office Tower in Years Nears Start
Chicago’s New Office Tower at 725 W. Randolph At the Loop-edge gateway to Fulton Market, Related Midwest is advancing a major office-tower proposal at 725 W. Randolph. The project has shifted from an earlier mixed-use concept to a dedicated office building. This push comes as investors track strong office demand in major commercial markets, even as pricing and development timelines remain selective. Current descriptions place it at 41 stories and 665 feet tall, making it a prominent West Loop addition. Kohn Pedersen Fox is identified as architect for the proposal. The revised plan also includes a two-story Equinox club as part of the building’s amenity mix. Site and Urban Role The site spans nearly a full block bounded by Randolph Street, Halsted Street, Washington Boulevard, and the Kennedy Expressway. Its position gives the tower unusual transport connectivity at a key entry point between the Loop and Fulton Market. Plans also reference public open space at ground level, creating r...