Two Prudential Plaza

Two Prudential Plaza
2 Prudential Plaza (center) and the Aon Center (right) with the 1 Prudential Plaza (left)
Location within Chicago metropolitan area
Two Prudential Plaza (Illinois)
Two Prudential Plaza (the US)
General information
Status Complete
Type Mixed Use
Location 180 N. Stetson Av.
Chicago, Illinois
United States
Coordinates 41°53′08″N 87°37′22″W / 41.88556°N 87.62278°W / 41.88556; -87.62278Coordinates: 41°53′08″N 87°37′22″W / 41.88556°N 87.62278°W / 41.88556; -87.62278
Construction started 1988
Completed 1990
Height
Architectural 995 ft (303 m)[1]
Top floor 820 ft (250 m)
Technical details
Floor count 64[1]
Floor area 1,399,986 sq ft (130,063.0 m2)[1]
Design and construction
Architect Loebl Schlossman & Hackl
Stephen T. Wright
Structural engineer CBM Engineers Inc.
Main contractor Turner Construction Company
References
[1]

Two Prudential Plaza is a 64-story skyscraper that was built in the Loop area of Chicago, Illinois, United States in 1990. At 995 feet (303 m) tall, it is currently the sixth-tallest building in Chicago and the seventeenth-tallest in the U.S., being only five feet from 1,000 feet, making it the closest of any building under 1,000.[1] The building was designed by the firm Loebl Schlossman & Hackl, with Stephen T. Wright as the principal in charge of design.[2] It has been honored with 8 awards, including winning the Best Structure Award from the Structural Engineers Association of Illinois in 1995.[3]

At the time of completion Two Prudential was the world's tallest reinforced concrete building. Its distinctive shape features stacked chevron setbacks on the north and south sides, a pyramidal peak rotated 45°, and an 80-foot (24 m) spire.

The building is attached to One Prudential Plaza (formerly known as the Prudential Building). Without its spire, the building's height is still slightly greater than that of One Prudential Plaza's pinnacle.[3]

In May 2006, BentleyForbes, a Los Angeles-based real estate investment firm, run by Frederick Wehba and his family purchased Two Prudential Plaza, along with its sister property, One Prudential Plaza for $470 million.[4]

In 2015, BentleyForbes defaulted on the mortgage for the towers due to the Great Recession and New York-based investors 601W Companies and Berkley Properties took control of the property after investing more than $100 million in equity to recapitalize.[5] BentleyForbes, the prior controlling owner of the towers, continues to have an interest in the owning partnership.[6]

The building is also the new home of the Chicago Tribune and tronc, Inc. after leaving Tribune Tower in July 2018.[7]

Tenants

The Consulate General of Canada in Chicago is located in Suite 2400.[8]

The Taipei Economic and Cultural Office of the Republic of China is on the 57th and 58th floors of the building.[9]

Jet Support Services Inc. JSSI.

Entercom occupies the ninth through twelfth floors, including WBBM, WBBM-FM, WBMX, WXRT, WUSN, WSCR, and WCFS.

The building and the plaza appear in the 1994 film Richie Rich as Rich Industries Inc.[10]

Position in Chicago's skyline

311 South WackerWillis TowerChicago Board of Trade Building111 South WackerAT&T Corporate CenterKluczynski Federal BuildingCNA CenterChase TowerThree First National PlazaMid-Continental PlazaRichard J. Daley CenterChicago Title and Trust Center77 West WackerPittsfield BuildingLeo Burnett BuildingThe Heritage at Millennium ParkCrain Communications BuildingIBM PlazaOne Prudential PlazaTwo Prudential PlazaAon CenterBlue Cross and Blue Shield Tower340 on the ParkPark TowerOlympia Centre900 North MichiganJohn Hancock CenterWater Tower PlaceHarbor PointThe ParkshoreNorth Pier ApartmentsLake Point TowerJay Pritzker PavilionBuckingham FountainLake MichiganLake MichiganLake MichiganThe skyline of a city with many large skyscrapers; in the foreground are a green park and a lake with many sailboats moored on it. Over 30 of the skyscrapers and some park features are labeled.

See also

References

  1. 1 2 3 4 5 "Two Prudential Plaza - The Skyscraper Center". Council on Tall Buildings and Urban Habitat. Archived from the original on 2013-02-02.
  2. ↑ Gapp, Paul (December 23, 1990). "Too prudent Two Pru design is functional but uninspired". Chicago Tribune. p. 3. (Subscription required (help)).
  3. 1 2 "Two Prudential Plaza, Chicago". Emporis. Retrieved 2009-07-17.
  4. ↑ Gallun, Alby (May 30, 2006). "BentleyForbes secures financing for Prudential Plaza purchase". Crain's Chicago Business. Retrieved September 3, 2017.
  5. ↑ Ori, Ryan (September 8, 2015). "Prudential Plaza gets new $415 million loan". Crain's Chicago Business. Retrieved September 3, 2017.
  6. ↑ "Gleicher Leads NY Investors in Acquisition of Controlling Interest of Chicago's Prudential Plaza Office Towers". Olshan Frome Wolosky LLP (Press release). June 6, 2013.
  7. ↑ Kogan, Rick. "Farewell to Tribune Tower: Friday we pack our boxes and depart what has been this newspaper's home".
  8. ↑ "Contact Us Archived 2009-04-04 at the Wayback Machine.." Consulate-General of Canada in Chicago. Retrieved on January 31, 2009.
  9. ↑ "Home." Taipei Economic and Cultural Office Chicago. Retrieved on January 31, 2009.
  10. ↑ Nicole, Alycia (March 23, 2011). "Chicago's Most Famous Movie Spots". WBBM News. Retrieved 2016-02-10.
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