Chicago Tribune: With Walgreens signing on to rent 200,000 square fee in the old main post office, the massive building that straddles Congress Parkway appears poised to get a new life. The U.S. Postal Service moved across the street in 1996 and the 13-floor limestone art deco behemoth has been empty ever since. In its heyday the old post office … Read More
Chicago awards old Post Office preliminary landmark status, tax incentive
Curbed Chicago: Currently in the midst of a multi-year renovation into high-tech offices, Chicago’s 1930’s Main Post Office building was awarded a preliminary landmark recommendation at yesterday’s meeting of the City’s Commission on Landmarks. In addition to protecting the 2.8 million-square-foot Art Deco structure from future demolition, the move also enabled the project to receive a special tax assessment to … Read More
Vacant For 20 Years, Chicago’s Old Main Post Office Is Now The Largest Redevelopment In The U.S.
The first thing one notices upon walking into the Old Main Post Office‘s lobby is the floor, its surface polished so that it reflects a ceiling painstakingly restored to its original Art Deco glory. The last time the lobby looked this good, Heath Ledger was running amok in the opening bank heist in “The Dark Knight.” Now it is the first sign … Read More
Developer is buying Chicago’s Old Main Post Office
Crain’s Chicago Business: The owner of two high-profile downtown Chicago properties is set to buy a notorious one: the sprawling Old Main Post Office.Developer 601W has a contract on the 2.7 million-square-foot colossus along the Chicago River in the West Loop, according to a broker who is representing Monaco-based owner Bill Davies in the sale.Led by Mark Karasick, 601W is … Read More
USPS sold Chicago’s Old MPO for $24 million, may be worth $150 million
In 2009, the Postal Service sold the historic Old Main Post Office in Chicago to British real estate developer Bill Davies for $24 million. A couple of years later, the Postal Service also sold Davies the postal annex to the east of the MPO for $14 million. After scuttling plans to develop the property with twin towers, Davies put it … Read More
