A spokesman for Toberman insisted that the project is viable. Hill said he expects 7 S. Dearborn, which includes a 17-story building, will be sold. This is an important site for Chicago. It's in the heart of the Loop. The building might have been torn down had City Hall not insisted on proof of financing before issuing a demolition permit.
High rises belong down in the loop.
This is where people are living now. This is where we have our retail. This is where we have our offices. Toberman's mortgage lender, Banque Worms Capital Corp., has hired Julien J. Studley Inc. to find a buyer for the property. Copyright 2000, Digital Chicago Inc.