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Chicago’s High-Profile, and Much-Debated, Thompson Center To Be Sold for $70 Million, Avoiding Wrecking Ball

Helmut Jahn-Designed Building in Business District Would Start Generating Tax Revenue

Prime Group plans a $300 million renovation of the James R. Thompson Center in Chicago, including new floor-to-ceiling windows. (City of Chicago)
Prime Group plans a $300 million renovation of the James R. Thompson Center in Chicago, including new floor-to-ceiling windows. (City of Chicago)

The state of Illinois is negotiating a $70 million sale of the high-profile James R. Thompson Center in Chicago, a deal that would spare the distinctive Helmut Jahn-designed office building from the wrecking ball and end a yearslong quest to sell it.

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