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Historic 1920s Skyscraper ‘Lost to Time’—Now It’s About To Change Forever

Historic 1920s Skyscraper ‘Lost to Time’—Now It’s About To Change Forever

Summary

A historic Chicago skyscraper called the Clark Adams Building is being turned from office space into a residential tower with about 400 apartments. The project will keep the building's original exterior while adding new living spaces, including affordable housing, and preserving its place as a city landmark.

Key Facts

  • The Clark Adams Building, also known as the Bankers Building, is located at 105 W. Adams Street in Chicago’s Loop.
  • It was completed in 1927 and was the tallest building in Chicago’s financial district at the time.
  • The building is a 41-story Art Deco skyscraper designed by the Burnham Brothers.
  • The $183.5 million project will convert about 400,000 square feet from office use to 400 apartments, including studios and one- and two-bedroom units.
  • About 30% of the new apartments (120 units) will be affordable housing for lower-income residents.
  • The building is a Chicago city landmark with a protected original masonry and terracotta facade.
  • The interior has lost most of its historic features due to past renovations, so the focus is on exterior preservation and modern apartment upgrades.
  • The building currently has retail spaces and a hotel that will require careful integration during the conversion.
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