The Chicago City Council has officially designated the Bankers Building, also known as the Clark Adams Building, as a city landmark. The 476-foot structure at 105 W. Adams St., designed by Burnham Brothers and completed in 1927, was the tallest building in the financial district when it opened.
The designation supports Primera Group Inc.’s planned adaptive reuse of the property. The $183.5 million project involves converting approximately 400,000 square feet of office space into 400 mixed-income residential units, along with commercial areas designed for neighborhood use. The development previously secured $67.5 million in Tax Increment Financing (TIF) through the City’s Loop Revitalization Initiative.
With landmark status now in place, all exterior elevations of the building are protected moving forward.
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