Former Harris Trust building gains landmark status, tax incentive for residential conversion

6/23/2025

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Chicago Business Journal

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• Subcategory: MF: Affordable, MF: Market Rate, Office: CBD

• Tag: Adaptive Reuse | Conversion | Economic Development | Investment

• Additional Filters-Subcategory: Capital Markets: Equity-Low Income Housing Tax Credits (LIHTC), MF: Highrise, Office: Highrise

• Additional Filters-Tags: Conversion: Office-to-Residential, Historic, Public-Private Partnership (P3)

• Company: The Prime Group Inc.

Story Highlights
Former Harris Trust building receives landmark status and tax incentives.
$179.2 million project will convert offices into 345 housing units.
City Council also to consider tax incentives for Fulton Market landmark building.

The Prime Group Inc.

Michael Reschke, Jr. | EVP, Development & Acquisitions

[email protected]

312-917-4195

Illinois

Office

Former Harris Trust building gains landmark status, tax incentive for residential conversion

The Prime Group Inc.

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