Is the Thompson Center going to be demolished?
After years of ongoing demolition threats and renovation proposals, Illinois Governor JB Pritzker has announced that the state has finally reached a deal to sell Helmut Jahn’s iconic Thompson Center to Real Estate company The Prime Group, who will carry out renovation works without any demolitions to the structure.
What will happen to the Thompson Center?
CHICAGO (CBS) — Gov. JB Pritzker has finalized an agreement to sell the Thompson Center to a private developer for $70 million, in a bid to preserve the iconic 17-story building designed by the late architect Helmut Jahn.
Why is the Thompson Center controversial?
The building sparked controversy not only for its bold employment of steel and glass, but because it was exclusively funded by taxpayer dollars.
Who will buy Thompson Center?
Thompson Center for $70 million and then buy back about one-third of the building for more than double that amount. The sale to a company led by Michael Reschke, chairman and CEO of real estate developer The Prime Group, will spare the state’s controversial Helmut Jahn-designed Loop headquarters from the wrecking ball.
Is the Thompson Center empty?
The Thompson Center sits mostly vacant, closed to the public as it awaits its next mission.
Who purchased the Thompson Center in Chicago?
It’s a done deal. The state of Illinois and Prime Group have signed a contract to sell—and preserve—the historic James R. Thompson Center at Clark and LaSalle for $70 million.
How old is Thompson building in Chicago?
37James R. Thompson Center / Age (c. 1985)
Who built the Thompson Center in Chicago?
Helmut JahnJames R. Thompson Center / Architect
Is Thompson Center still in production?
So soon Thompson/Center rifles, muzzleloaders, and single-shot pistols will no longer be produced by Smith and Wesson. Accordingly, if you’ve been thinking about getting a T/C gun, now may be a good time to buy. We predict inventories will be sold off at discounted prices.
Does Smith and Wesson make Thompson Center?
When was the Thompson Center in Chicago built?
May 1985
Opened in May 1985 as the State of Illinois Center, the building was renamed in 1993 to honor former Illinois Governor James R.
Has Thompson Center stopped production?
(NASDAQ: SWBI) plans to divest (sell off) its Thompson/Center Arms (T/C) brand. This T/C divestiture as part of a “broader strategic plan” by Smith & Wesson to focus on its core S&W brands. So soon Thompson/Center rifles, muzzleloaders, and single-shot pistols will no longer be produced by Smith and Wesson.
Is Thompson Center done?
(NASDAQ Global Select Market: SWBI), a leader in firearm manufacturing and design, today announced that it plans to divest its Thompson/Center Arms brand. This decision is part of the Company’s broader strategic plan that will focus on its core Smith & Wesson brands.
Is Thompson Center still making firearms?
Thompson/Center Arms’ loyal consumers should rest assured that they will continue to receive the world-class firearms, accessories, and customer service support that the brand has been known for since its founding in 1965.
Did S&W sell Thompson Center?
Has Smith and Wesson sold Thompson Center?
On January 4, 2007, Thompson/Center was purchased by Smith & Wesson. On December 8, 2010, Smith & Wesson announced that the original Rochester, New Hampshire plant would be closed and manufacturing was transferred to Springfield, Massachusetts.