Mills Corp starts construction of retail & CTA phases
31 Jul '06
3 min read
The office tower groundbreaking last year signaled the start of the construction phase of the project, which is moving into its second phase with today's announcement of the beginning of retail construction. As Mr. Siegel said last year, "By entering the construction phase of this project, The Mills has accomplished what no other developer has achieved with this site."
The 108 North State Street project on Chicago's long-vacant Block 37 is destined to become a landmark in the city's fabled central business district. It will feature retail, entertainment and dining offerings; a state-of-the-art CTA transit station providing service to and from Chicago's O'Hare and Midway airports; office space and residential units.
The Mills Corporation, based in Chevy Chase, Maryland, is a developer, owner and manager of a diversified global portfolio of retail destinations including regional shopping malls, market dominant retail and entertainment centers, and international retail and leisure destinations. It currently owns 42 properties in the U.S., Canada and Europe, totaling 51 million square feet.