Google may be Googling the Thompson Center – Chicago Sun-Times

In a technological twist to the plans for a renovated James R. Thompson Center, search engine giant Google stoked speculation Wednesday that it could buy the 17-story building in the Loop.

Developer Michael Reschke struck a deal last year with Gov. J.B. Pritzker to buy most of the former state government building for $70 million and renovate it. The state would retain ownership of about 30% of the building for its offices.

A Google spokesperson would not confirm or deny a report by real estate data firm CoStar Group that Google is negotiating to buy the Thompson Center, 100 W. Randolph St., but issued a statement about the company’s need to expand in Chicago. CoStar said the deal is not done and could change.

“Chicago continues to be an important and growing hub for Google here in the Midwest. What started as a two-person outpost in River North has expanded to a two-building campus that’s home to nearly 2,000 employees in Fulton Market. As Google grows in Chicago, we’ll continue to…

Read Full Story: https://chicago.suntimes.com/business/2022/6/29/23188677/google-thompson-center-chicago-loop

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