NEWS

 

theMART Hosts 100 of Chicago’s Top Commercial Brokers

On Thursday, October 29th, theMART hosted Chicago’s top commercial real estate brokers for a tasting event sponsored by Beam Suntory.  Congratulations to our cash prize winners Henry Lee, Ryan Foley, Jordan Decker, and Jesse Bauer.


Merchandise Mart Unveils Transformative Renovations

Monumental Grand Stair highlights iconic building’s $40M project

Chicago, IL – June 9, 2016 The Merchandise Mart (theMART) announced today the opening of The Grand Stair, a communal space connecting theMART’s first and second floors, and the centerpiece of theMART’s highly anticipated capital-improvement program. Also included among theMART’s $40M renovation to its public spaces is a modernized, urban food hall, as well as a large multi-purpose space on the second floor, and a riverfront park with alfresco seating.

TheMART’s transformative renovation was designed to complement the creative energy and talent of its tenants and visitors, reflecting both the functionality and aesthetic of those who utilize theMART’s space for offices, retail, showrooms and events. Dynamic elements of the renovation include:

  • The Grand Stair: a monumental new portal of theMART, the 50-ft wide majestic staircase creates a connection between the first two floors, and also serves as a meeting or work place with stadium seating, a large projection wall and free Wi-Fi.

  • The Lounge: a multi-purpose space with spectacular views of the Chicago River and skyline, located atop The Grand Stair will feature food service and provide various areas to meet, work and socialize.
  •  The Food Hall: a reconfigured, reinvigorated and dramatically designed seating area with more natural light will engage visitors beyond dining and offer additional space for lounging, socializing and working.
  •  River Drive Park: a 5,000 square-foot outdoor green space along the riverfront connects tenants, visitors and pedestrians to theMART’s main entry, and includes seating and shaded areas with dramatic views of the river and Chicago skyline.
  • Reception/Information Desk: a new greeting point for the building located at the base of The Grand Stair.

 “TheMART’s stature as an architectural icon, and its influence as the epicenter of Chicago’s commerce and industry, is reflected in every aspect of the unique and functional design of The Grand Stair and theMART’s other new communal space elements,” said Myron Maurer, COO of theMART.

Vornado Realty Trust, the property’s owner, engaged innovative, New York-based A+I Architects to lead the design process throughout the three-year capital improvements renovation project.

“Rather than creating a port of entrance and exit, the architectural features of theMART’s new lobby allow for a new kind of engagement by slowing down the pace of passage,” states Brad Zizmor, Principal and Co-Founder of A+I. “The Grand Stair and Reception Area create a spectacular architectural landscape conducive to reflection, thinking and socializing.  In keeping with A+I’s reinvention of the lobby as a programmatic space to dwell in, as opposed to pass through, we designed a colossal stair with a physical structure that is 80% meant to be lingered on as opposed to being walked on.”


theMART Hosts Ladies Night Out at Trunk Club

On Wednesday, April 27th, theMART hosted Chicago’s top female commercial real estate brokers for Ladies Night Out at Trunk Club. Check out photos from the event!


Allstate to bring 400 innovation jobs to Merchandise Mart

Chicago Tribune  |  Mar 1, 2016

Allstate said Tuesday it will open an innovation office for 400 employees in the Merchandise Mart this spring, making neighbors of tech companies Motorola Mobility and Braintree and joining the migration of suburban corporations to Chicago...READ FULL STORY


Allstate to move 400 innovation jobs to Chicago's Merchandise Mart

Chicago Daily Herald  |  Mar 1, 2016

Insurance company Allstate Corp. said Tuesday it will create a new innovation hub at the Merchandise Mart in downtown Chicago, moving about 400 related jobs there from its headquarters in Northbrook...READ FULL STORY


Allstate's New Chicago Innovation Center Will Focus on Connected Cars, Other Tech

Chicago Inno  |  Mar 1, 2016

Allstate is opening a new innovation center in Chicago, and it's bringing hundreds of tech jobs to the new Merchandise Mart space.

The insurance giant announced Tuesday that it plans to open an innovation hub on the 8th floor of the Merchandise Mart that expects to bring nearly 400 jobs to Chicago...READ FULL STORY


Beam Suntory makes it official, announces HQ move to Chicago

In-Depth-Chicago Tribune  |  Mar 1, 2016

It's official: Big Whiskey is coming to the big city.

Beginning in September, premium spirits company Beam Suntory will gradually move its 450-plus employees and global headquarters from Deerfield to Chicago's Merchandise Mart, making it the latest company to pull up stakes in the 'burbs in hopes of attracting a young diverse workforce in the city...READ FULL STORY 


Beam Suntory Moves Global Headquarters From Suburbs to Downtown Chicago

NBC Chicago  |  Mar 1, 2016

The alcohol maker Beam Suntory has announced that it will move its global headquarters to Chicago from suburban Deerfield by the end of next year...READ FULL STORY


Merchandise Mart adds two big-name tenants

Chicago Business Journal  |  Mar 1, 2016

The Merchandise Mart in downtown Chicago is getting some big tenants.

Liquor company Beam Suntory said it's moving its corporate headquarters from suburban Deerfield to the Merchandise Mart in downtown Chicago...READ FULL STORY


Beam Suntory moving HQ to Merchandise Mart

Crain's Chicago Business  |  Feb 29, 2016

Beam Suntory today made it official: The global spirits maker plans to move its worldwide headquarters to Chicago from its longtime home in Deerfield by the end of 2017...READ FULL STORY


Breaking Through the Barricade with the Merchandise Mart of Chicago

ER2 Image Group  |  December 4, 2015

Advertising images are everywhere. With all of these competing voices, it’s increasingly important to effectively use the space you have to convey your message. As products and technologies within the industry continue to evolve, any surface can become a marketing tool....READ FULL STORY


Merchandise Mart Gets a Makeover

GlobeSt.com  |  October 7, 2015

CHICAGO—The most extensive renovations will include the installation of a grand staircase in the main lobby and creating a 2nd floor bar and restaurant area...READ FULL STORY


Merchandise Mart in Line for Another Big Tenant

Crain’s Chicago Business - Chicago Real Estate Daily  |  July 22, 2015

Advertising images are everywhere. With all of these competing voices, it’s increasingly important to effectively use the space you have to convey your message. As products and technologies within the industry continue to evolve, any surface can become a marketing tool....READ FULL STORY


ConAgra Foods Relocating to Call Merchandise Mart Home

BisNow Chicago Real Estate News  |  July 22, 2015

ConAgra Foods will get a new Chicago address after signing a lease to occupy 200k SF of space in the Merchandise Mart....READ FULL STORY