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108 North State Street

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Block 37 March 2008
Block 37 March 2008

108 North State Street, also known as Block 37, is a development located in the Loop community area of downtown Chicago, Illinois. It is located on the square block bounded clockwise from the North by West Randolph Street, North State Street, West Washington Street and North Dearborn Street that is known as "Block 37", which was its designated number as one of the original 58 blocks of the city. Above-ground redevelopment is complete, but work stopped on underground public transit facilities when they were only partially complete. The previous buildings on the block were demolished in 1989 for a hotly contested redevelopment plan under the then new Chicago Mayor Richard M. Daley. The debates included the demolition of the Chicago Landmark McCarthy Building, which proceeded after the Illinois Supreme Court decided private preservation groups did not have standing to challenge the city's decision. Once the site was cleared, the initial redevelopment plan fell through, as did several subsequent plans. Mills Corporation broke ground in 2005, but had been in financial difficulty in the past. This reputation and changing financial climate caused a delay in 2006 as contractors feared not getting paid. In November 2009, the developer was declared in default and CB Richard Ellis was named receiver. The project was inherited by Joseph Freed and Associates LLC. However, in 2011 Bank of America foreclosed on the property and sold it in 2012 to CIM Group. The three new buildings were completed by 2016.

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108 North State Street
North State Street, Chicago Loop

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Wikipedia: 108 North State StreetContinue reading on Wikipedia

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Latitude Longitude
N 41.883932 ° E -87.628841 °
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Block 37 Shops (Block 37)

North State Street 108
60602 Chicago, Loop
Illinois, United States
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Block 37 March 2008
Block 37 March 2008
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