Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-Michael Reschke, a local developer, has listed a vacant riverside parcel at 400 W. Randolph in the West Loop for sale. The developer, who once planned to construct a 50-story office building spanning 1.25 million square feet, has employed Holliday Fenoglio Fowler LP to sell the half-acre, 24,301-square-foot site site.

A developer could erect a 631,600-square-foot building on the site under current zoning. Reschke has recently completed JW Marriott Hotel, a 610-room hotel in the Loop.For the full story, go to Crain’s Chicago Business.

GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.