Hines announced Monday it has broken ground on an mass timber office building in the North Loop.
Dubbed “T3” for timber, transit and technology, the seven-story structure will be home to 220,000 square feet of office space, 12,000 square feet of ground floor retail space and 10,000-square feet of tenant amenity space. Hines, an international real estate firm, says the project will have the style of the North Loop’s historic warehouses with the needs of moderntenants.
“This office building combines the aesthetic, spatial volumes and warmth of older brick and timber buildings, with state-of-the-art amenities and systems. This combination of ‘old & new’ allows for high densification and meaningful recruitment and retention benefits for T3’s occupants,” said Steve Luthman, Hines managing director, in the announcement.
The developer is building T3 on the parking lots next to the Cedar Lake Bike Trail at 323 Washington Ave., next to Hines properties Dock Street Flats and Union Plaza. T3’s amenities will include a fitness center, a collaborative workspace, more than 100 stalls of bike parking and a rooftop patio.
Hines expects the building to open in early fall 2016.