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Sidley’s Tower Revives Chicago’s Office Market
Description
Chicago’s West Loop is getting its first new downtown office skyscraper in years, as Sidley Law Firm locks in a massive 1.5-million-square-foot lease for a 45-story tower at 725 W Randolph St. This pivotal deal could finally unlock financing for the project, with completion targeted for 2030—and signals a potential revival in downtown office construction. Sidley, relocating after 18 years in its current space, chose the West Loop for its transit access, vibrant amenities, and proximity to employees’ homes. The building’s success hinges on city council approval, and developer Related Midwest is also pushing other major projects, including a soccer stadium and luxury apartments, positioning this tower as a cornerstone for the neighborhood’s future as a thriving business hub.
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