Chicago to Convert Famous Business District Office Buildings to Apartments

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Chicago is offering financial help to developers willing to convert aging office towers into residential buildings, a new program that could become a test case for other cities looking to promote these office conversions

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City officials said last week they would provide tens of millions of dollars in subsidies to revitalize the LaSalle Street corridor whose landmark office buildings made up the thriving center of Chicago business for decades. Since the pandemic, though, the strip’s mostly vacant streets and towers have come to symbolize the slow pace that employees

 

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