August 9, 2019
Brookfield Properties has unveiled its plans to redevelop the top six floors of the Macy’s flagship at 24 E. Washington St. as office space. With floorplates as large as 130,000 square feet, the office component at the onetime Marshall Field & Company building will total 650,000 square feet.
In 2018, Brookfield purchased the top six floors from Macy’s, which has owned the 126-year-old landmark building since 2006. Macy’s will continue to operate its flagship store on the building’s first seven floors.
“The building’s rich history and deep connection to the city of Chicago make this redevelopment an extremely unique opportunity to create a one-of-a-kind office environment in a building with such a storied past,” said Alex Antolino, Brookfield’s director of mixed-use development.
Brookfield is partnering with Clayco, Lamar Johnson Collaborative and the Telos Group to assist in the restoration and leasing of 24 E. Washington. The project is set to open in 2020.
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