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725 West Randolph in the SkyscraperPage Database

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  #11  
Old Posted Oct 13, 2022, 3:45 PM
r18tdi's Avatar
r18tdi r18tdi is offline
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Join Date: May 2013
Location: Chicago
Posts: 2,856
Quote:
Originally Posted by k1052 View Post
I bet they axed the office space. Gyms got hammered during COVID but they are back now though smaller niche stuff is still in trouble. Longer term the hotel component is a better bet even if occupancies are still struggling a bit for now. In 2-3 years when this is done they could easily be fully recovered and then some.
Or perhaps they're looking to redevelop the property in two phases by decoupling the Randolph portion from the piece they acquired south of Court Pl.
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