Resolution
WHEREAS, One hundred years ago, Chicago's iconic Wrigley Building was constructed in 1921 in the spirit of the Burnham Plan for gum magnate William Wrigley, Jr. on a 1.2 acre site north of the Chicago River and was the catalyst for the transformation of North Michigan Avenue into a world-class thoroughfare; and
WHEREAS, The new Wrigley Building soared 425 feet into the air becoming Chicago's tallest building when the south tower was complete, claiming its rightful place in Chicago, known as the birthplace ofthe skyscraper; and
WHEREAS, Charles Beersman from architectural firm Graham, Anderson, Probst & White drew from a variety of influences from European classicism to the Chicago School of Architecture to build this architectural treasure that was clad in more than 250,000 pieces of terra cotta in six shades of white so that the building appears brighter as it rises to the clouds; and
WHEREAS, The Wrigley Building served as the corporate headquarters for The Wrigley Chewing Gum Company for 89 years; and
WHEREAS, In 2011, Zeller's development, leasing and property teams, with its partner BDT Capital Partners, executed a $100 million dollar comprehensive building renovation and re-leasing program; and
WHEREAS, This renovation brought building occupancy from 19% to 95%, proving this historical gem's ability to excel in the real estate market and to secure its place in modern downtown Chicago and as a model for the global industry; and
WHEREAS, The Wrigley Building became a Chicago Landmark and National Register Historic Property in 2012; and
WHEREAS, The Wrigley Building was honored with multiple awards and earned many designations including the BOMA 360 status and BOMA International's The Outstanding Building of the Year (TOBY) Award in the Historical Building Category in 2017, recognizing its excellence in all areas of building operations and management; and
WHEREAS, In 2018, The Wrigley Building was purchased by Joe Mansueto, Chairman of Morning...
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