KBS has broken ground on a $22 million renovation project at Accenture Tower, a class A, 40-story, 1.46 million-square-foot office tower in downtown Chicago. Accenture Tower is owned by KBS Real Estate Investment Trust III.
Planned upgrades include a new hospitality-inspired office lobby, conference center with pre-function area, a modern tenant lounge with 19-foot ceiling, featuring an outdoor deck with a variety of seating options, fire pit, fully functional bar, and more designed by Chicago-based GREC Architects.
“Accenture Tower is located in one of the most resilient central business districts in the country, with high-end amenities that offer a one-of-a-kind tenant experience in the market,” said Dan Park, senior vice president at KBS and asset manager for Accenture Tower. “The new upgrades will make an already iconic property even more appealing for companies as they return to their workspaces.”
In addition to the building upgrades, KBS is contin