Mayor's Press Office
Emanuel visits the newly reopened historic Holden Block in Chicago's West Loop.
Mayor Rahm Emanuel got a peek Thursday at the newly restored historic Holden Block, which officially reopened Wednesday in Chicago’s West Loop as the headquarters for an advertising agency.
The reopening comes just over a year after the previously vacant building received landmark status and a $3.8 million makeover.
The restoration of the four-story Madison Street structure included a renovated rooftop deck, cornice and complete interior rehabilitation.
The building stands as one of Chicago’s oldest landmarks at 142 years old and will now be inhabited by advertising firm Shafer Condon Carter.
The new offices could bring the firm to offer 40 new positions and the restoration brings with it a tax incentive that will save nearly $1.4 million dollars in the next 12 years.