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Hines Plans 35-Story Office Tower Near Big Chicago Projects As Tenants Turn to High-End Buildings

Houston Firm Among Those Betting New and Significantly Renovated Properties Will Edge Out Competitors
Hines plans a 35-story office tower on a parking lot across the Chicago River from the redeveloped Old Post Office. (Robert Gigliotti/CoStar)
Hines plans a 35-story office tower on a parking lot across the Chicago River from the redeveloped Old Post Office. (Robert Gigliotti/CoStar)
CoStar News
March 29, 2022 | 7:48 P.M.

Hines plans to build a 35-story office tower in Chicago across the Chicago River from the massive redeveloped Old Post Office and not far from a future project with a whopping estimated cost of $7 billion. The real estate firm is one of the latest developers to bet that new and extensively renovated buildings nationally will edge out rivals as more workers return to the office.

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