Shapack Partners and Focus Development, along with Walton Street Capital (that’s their name on the demo permit, not to mention the old “176 N. Halsted” signage) are building 167 Green Street, a 17-story office building designed by Gensler. To make room for the tower, buildings at 171 North Green Street and 170-172 North Halsted are being demolished. (167 Green is already gone; half of 170 is rubble as well, with only the north half of the building, 172 North Halsted, still standing as of Saturday.)
167 Green Street will deliver nearly 600,00 rentable square feet when it opens to office tenants in 2020. It will also include more than 30,000 square feet of retail space and parking for 130 or so cars. As an added feature, a pedestrian walkway accessing the retail spaces will connect Green Street to Halsted Street along the building’s street level.
As they did at The Parker, Focus Development will pull double duty on this one, acting as general contractor in addition to their co-developer role.