The longtime downtown home of Illinois state government is getting a new occupant: tech giant Google.
Gov. J.B. Pritzker confirmed the deal Wednesday during a news conference in the James R. Thompson Center’s soaring atrium.
Amending previous plans, the state will sell the entire 1.2 million-square-foot building for $105 million and purchase an office building at 115 S. LaSalle Street for $75 million, said Michael Reschke, chairman and CEO of real estate developer The Prime Group, who is leading the purchasing group.
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The state had previously planned to buy back about a third of the building.
The move marks an election-year win for Pritzker, whose critics have sought to capitalize on recent corporate headquarters departures by Boeing and Caterpillar.
More to come.
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