Business Services Industry
Late News.
Crain's Chicago Business, February, 2004
DEVELOPER SIGNED FOR BLOCK 37 TOWER Lincoln Property Co., a Dallas-based real estate firm, has agreed to develop a 350,000-square-foot-plus office building on Block 37, the long-vacant Loop parcel across from Marshall Field's, according to people familiar with the situation. A spokeswoman for Mills Corp., the Virginia-based company picked as master developer of the site, declined to comment, and a Lincoln executive did not return phone calls.
But James F. Dausch, president of Mills' development division, told Wall Street analysts in a conference call last week that Mills had signed a letter of intent with a major office developer for the office portion of the mixed-used project. He added that the office building will be anchored by an "already pre-committed...
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