Chicago Architecture Info
181 West Madison
Formerly known as The PaineWebber Tower
Address
181 West Madison
Chicago, Illinois 60602
Basic Information
Designed by Cesar Pelli & Associates
Type Skyscraper
Floors: 50
Maximum height 680 feet/204 meters
Neighborhood: The Loop
More Information
  • Floor space: 1,000,000 square feet
  • Developer: Miglin-Beitler Developments
  • This was the first building in Chicago designed by famed architect Cesar Pelli.
  • It is believed that this building's design is descended from Pelli's Norwest Center in Minneapolis, Minnesota.
  • The loggia entrance was inspired by the Ufizzi Gallery in Florence, Italy. It was even finished in Italian marble.
  • This building is connected by a skybridge to the building at 50 South LaSalle Street because at the time 181 was built, 50 South LaSalle was the headquarters of Northern Trust, and Northern Trust owned much of the land that Miglin-Beitler needed to build the 181 building.
  • The finials at the top of the building are nickel-plated in order to reflect sunlight and draw attention.
  • April, 1990: Construction finished
  • July, 2001: This building was bought by Davis Companies for $239,000,000.
  • 2006: This building was bought by G.E. Asset Management for $294 million.
  • May, 2013: This building was sold to CBRE Global Investors for $300 million.