Gov. J.B. Pritzker signs bill clearing the way for state to sell Thompson Center

http://bit.ly/2VroweP

Gov. J.B. Pritzker signed a bill on Friday that clears the way for Illinois to sell the James R. Thompson Center, the headquarters of state government in the Loop.

Pritzker’s predecessor, Republican Gov. Bruce Rauner, pushed for years to sell the building, and lawmakers even counted on $300 million in revenue from selling the controversial Helmut Jahn-designed building in the current state budget. But until now, the state hadn’t established a process for selling it.

The bill the Democratic governor signed Friday lays out a two-year process for selling the building through a competitive sealed process. The buyer will have to enter into an agreement with the city of Chicago and the CTA to maintain operation of the Clark/Lake Blue Line station that sits beneath the building.

If the building is sold, state employees will be moved across LaSalle Street to the Michael A. Bilandic Building and other state-owned or rented offices, according to the governor’s office.

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via Home – Chicago Tribune http://bit.ly/1LjWzdx

April 5, 2019 at 03:12PM

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