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The Gogo Building
The Gogo Building, formerly known as the River Center, is located at 111 N. Canal Street in the West Loop community area of Chicago, Illinois. Originally constructed as a warehouse in the early 1900s, the vintage, loft-style building is now home to various commercial tenants, most notably Gogo Inflight Internet, as seen by their logo on the cube topping the building. Other tenants include Twitter, Uber, Vivid Seats, Fieldglass, and Potbelly.〔("Sterling Bay selling West Loop building for $305 million" )〕 The building is one of the best surviving examples in downtown Chicago of the once vibrant industrial district along the Chicago River.〔("Landmark Designation Report: Cermak Road Bridge District" ) 〕
== History ==
There are two massive red brick buildings along the Chicago River just south of where the river splits, formerly known as the Butler Brothers Warehouse buildings. They were both designed for the Butler Brothers Company, a mail order company, similar to Montgomery Ward's and Sears & Roebuck at the time. The northern structure was designed by Daniel Burnham, a famous Chicago architect, with its completion date being 1913- a year after Burnham’s death. This building only stood for 7 years before being completely demolished and rebuilt exactly as it stood before by the Chicago Union Station Company on the adjacent lot to allow for new railroad construction along the Chicago River.〔(The Dry Goods Reporter: Volume 47, Issue 1, p. 237 )〕 The warehouse was a huge shipping and distribution center at the time. The recently renovated building still stands on this lot today at 111 N. Canal Street and is known as The Gogo Building. In 1990 the Morton International Building, now the Boeing International Headquarters, was built on the original Butler Brothers Warehouse lot facing the river. Because of this, only the top block of The Gogo Building can now be seen from the Chicago River. The Boeing International Headquarters building was constructed with only the air rights above the railroad tracks, meaning Amtrak still owns the ground rights to the area and the tracks built in 1920 are still in service beneath the building.〔("Boeing International Headquarters" )〕
In 2012, Chicago developer Sterling Bay purchased the building for $100 million. Sterling Bay invested tens of millions of dollars into renovating most of the warehouse while simultaneously signing a number of new leases for the building. The building is now more than 90% leased, with most of these agreements being rather new and long-term. In 2015, Crain's Chicago Business reported that Sterling Bay was selling the 840,000 square foot building to J.P. Morgan Asset Management for more than $305 million.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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