Accenture Tower in Chicago will undergo a US$22 million renovation, including indoor and outdoor amenities and the addition of 90,000 square feet (8,361 square meters) of speculative suites.
Located at 500 W. Madison in the West Loop, the skyscraper has nearly 1.5 million square feet (139,355 square meters) of office space and two levels featuring 80,000 square feet (7,432 square meters) of retail space. Situated atop the Ogilvie Transportation Center, one of the two main commuter train stations that connect the suburbs with downtown Chicago, the second level of the tower connects directly to the Ogilvie train station.
Owned by KBS Real Estate Investment Trust III, the tower is a LEED Gold-certified building. Among the amenities already in the building are a tenant lounge with private wine storage, a 14,000-square-foot two-level fitness center with a basketball court, conferencing facilities and more than 20 fast-casual and dine-in options.
Planned upgrades will include a new hospitality-inspired office lobby; conference center with pre-function area; tenant lounge with 19-foot (5.8-meter) ceiling and featuring an outdoor deck with a variety of seating options, fire pit, and bar.
KBS’ spec suite program involves building out office suites without a committed tenant. The company will be partnering with a local furniture vendor to meet with tenants to create a return to the office design that can be adapted during future phases of their return-to-work strategy.
Constructed in 1987, the building was rebranded as the Accenture Tower in July 2019.
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