"This rare opportunity to recreate a Plaza District officebuilding from scratch will allow us to provide space to an upscale,yet limited, tenant roster of 17 or fewer boutique firms," saysDavid Sigman, SVP of LCOR. Tenants are expected to take a fullfloor once construction completes and the building opens again foroccupancy.

The 17-story building on the corner of 55th Street will becompletely stripped to the structure and then developed into aclass A office building. A floor-to-ceiling glass curtain wall willbe installed, as well as new, top quality electrical, HVAC andmechanical systems. Once renovations are complete, executives atLCOR say the building will qualify for LEED gold standard.

"And as a green building, tenants can enjoy improved indoor airquality, which can boost employee productivity and reduceabsenteeism," Sigman says. "The increase in energy efficiency canreduce their costs further. The LEED certification will be a winfor the building's tenants and for the earth as well."