International Property Developers (IPD) has renewed plans for massive developments around Chicago’s Old Main Post Office. IPD bought the structure in 2009 for $40 million and has been working with Chicago-based architects Antunovich Associates on a plan to surround the massive building, which has almost as much interior space as Willis Tower, with three new towers.
Could that hulking behemoth, Chicago’s Main Post Office, see new life at last? According to the Sun-Times’ David Roeder, developer Bill Davies is betting on it, and he has brought Antunovich Associates to the table. If talk of a downtown casino has any merit, the Post Office could be the right place for it.
The massive 1921 building (expanded in 1932) comprises 2.5 million square feet downtown, looming over Congress Parkway. Davies’ fanciful plans for the facility have grabbed headlines since 2009, when the US Postal Service first put it on the auction block. Mayor Rahm Emanuel is still pushing the state legislature for a casino license, touting the potential revenue as a much-needed influx for school construction and repairs.