Building made of wood proposed for Goose Island
Loop North News

NEW CONSTRUCTION 1017 W Division St - MAP
Hines Building made of wood proposed for Goose Island

(Left) Rendering from Hines of T3 Goose Island. (Click on images to view larger versions.)

13-Nov-17 – A seven-story office building in the middle of Goose Island, if built, would be Chicago’s first office building made of wood since the 1800s, says the developer that wants to build it. It would be constructed on the site of a former lumber yard.

T3 Goose Island is proposed for the south side of Division Street. It would offer 270,000 square feet of office and retail space.

Houston-based Hines says T3 will be designed “in homage to the history of the site and as a market differentiator in Goose Island’s evolving neighborhood.”

One of the architectural firms, Michael Green Architects, has done this before, designing a wooden office building – now fully leased – for Hines in Minneapolis.

The project will be a joint venture between Hines and Diversified Real Estate Capital, a Chicago-based commercial real estate firm, owners of which include Larry Levy, founder of Levy Restaurants. Big Bay Realty, which owned the lumber yard, is also a partner.

(Right) Google Street View of Big Bay Lumber Company, in business on Goose Island until 2015. Google Street View

Hines says using wood for the project has the environmental impact of “taking 966 cars off the road for a year.”

By Steven Dahlman | Loop North News | sdahlman@loopnorth.com

Published 13-Nov-17 2:40 AM

Loop North News

FREE WEEKLY EMAIL UPDATE

What’s news in the Loop and Near North neighborhoods of downtown Chicago.

Signup for our weekly email. No ads and no charge. Just enter your email address here...

Number of subscribers:
See this week’s update

More stories


Today
Celebrate the growth and momentum of The Wabash Lights at the projects first fundraising event, LIGHTBASH. It will be an unforgettable night where Chicagos creative, tech, philanthropic, and civic worlds come together to celebrate the vibrant community that has grown up around this public arts movement. Live DJs, dancing, interactive light activations, glass-blowing demonstrations, heavy hors doeuvres, open cocktail bar featuring Moet Hennessy and Revolution Brewing, raffle prizes, silent auction, and spectacular surprises. 6:00-9:00 p.m., Ignite Glass Studio, 401 North Armour Street. Map. More info.

Friday
Chicago Loop Alliance Foundation’s 14th Annual Illumination Gala. The black-tie gala gathers more than 500 supporters for a celebration of the Loop’s rich cultural amenities and its continued transformation due to the work of CLA Foundation and its supporters. An evening of food, drink, and live entertainment. Funds raised support CLA projects and programs, including ACTIVATE, public art initiatives, The Gateway, and more. 6:30-11:00 p.m., Palmer House Hilton, 17 East Monroe Street. Tickets: $375. Map. More info.
More events

Biggest Gainers & Losers

JONES LANG LASALLE INC.
146.17 6.36

LITTELFUSE INC.
206.85 3.42

NORTHERN TRUST CORP.
107.25 2.06

ENVESTNET INC.
63.05 1.65

Downtown Chicago Stocks