One Prudential Plaza

One Prudential Plaza

One Prudential Plaza with Two Prudential Plaza towering behind
Former names Prudential Building
General information
Status Complete
Location 130 E. Randolph St.
Chicago, Illinois
United States
Coordinates 41°53′06″N 87°37′24″W / 41.8849°N 87.6233°W / 41.8849; -87.6233Coordinates: 41°53′06″N 87°37′24″W / 41.8849°N 87.6233°W / 41.8849; -87.6233
Completed 1955
Height
Antenna spire 912 ft (278 m)
Roof 601 ft (183 m)
Technical details
Floor count 41
Floor area 1,762,989 sq ft (163,787.0 m2)
Design and construction
Structural engineer Naess & Murphy
Main contractor George A. Fuller Co.

One Prudential Plaza (formerly known as the Prudential Building) is a 41-story structure in Chicago completed in 1955 as the headquarters for Prudential's Mid-America company. At the time, the skyscraper was significant as the first new downtown skyscraper built in Chicago in 21 years (the last such building was the Field Building, now headquarters of LaSalle Bank, completed in 1934). It was the last building ever connected to the Chicago Tunnel Company's tunnel network.

When the Prudential was finished it had the highest roof in Chicago with only the statue of Ceres on the Chicago Board of Trade higher. Its mast served as a broadcasting antenna for Chicago's WGN-TV.

The architect was Naess & Murphy, a precursor to C.F. Murphy & Associates and later Murphy/Jahn Architects.

One Prudential Plaza, along with its sister property, Two Prudential Plaza, was sold in May 2006 for $470 million to BentleyForbes, a Los Angeles-based real estate investment firm, run by C. Frederick Wehba and his family.

After a default on the mortgage encumbering the towers during the recession, New York-based investors 601W Companies and Berkley Properties, represented by New York law firm Olshan Frome Wolosky LLP took control of the towers after investing more than $100 million in equity to recapitalize. BentleyForbes, the prior controlling owner of the towers, continues to have an interest in the owning partnership.

Tenants

1943 view from One Prudential Plaza location

See also

Position in Chicago's skyline

311 South Wacker Willis Tower Chicago Board of Trade Building 111 South Wacker AT&T Corporate Center Kluczynski Federal Building CNA Center Chase Tower Three First National Plaza Mid-Continental Plaza Richard J. Daley Center Chicago Title and Trust Center 77 West Wacker Pittsfield Building Leo Burnett Building The Heritage at Millennium Park Crain Communications Building IBM Plaza One Prudential Plaza Two Prudential Plaza Aon Center Blue Cross and Blue Shield Tower 340 on the Park Park Tower Olympia Centre 900 North Michigan John Hancock Center Water Tower Place Harbor Point The Parkshore North Pier Apartments Lake Point Tower Jay Pritzker Pavilion Buckingham Fountain Lake Michigan Lake Michigan Lake MichiganThe skyline of a city with many large skyscrapers; in the foreground are a green park and a lake with many sailboats moored on it. Over 30 of the skyscrapers and some park features are labeled.

Sources

References

  1. "Chicago." SkyTeam. Retrieved on January 31, 2009.
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