Preckwinkle’s deluxe county digs to be rented to state in $2M deal
BY BRIAN SLOYDYSKO Staff Reporter December 4, 2013 7:56PM
The George W. Dunne county building at 69 W. Washington in the Loop. | Sun-Times files
Updated: December 5, 2013 8:38PM
After roughly a year on the market, Cook County has found a tenant for the top floor of its George W. Dunne building in the Loop.
Offering 360-degree views of the Loop and beyond, as well as 20,000-square feet, the 35th floor was leased to two state agencies, according to the office of Cook County Board President Toni Preckwinkle.
The Illinois Department of Public Health and the Illinois Health Facilities and Services Review Board are both expected to move in this coming May, bringing roughly 50 employees to the floor.
Preckwinkle’s staff pitched the idea of renting the top two floors of the building at 69 W. Washington — long the domain of the county board presidents — last year as a cost-saving measure. Since Preckwinkle took office in 2010, the 34th and 35th floors have been largely vacant.
In the end, the county leased both floors. In April, the 34th floor was leased for $500,000 a year.
Now the 35th floor is also rented in a five-year, $2 million deal.
Additionally, the county will spend $600,000 on upfront costs and upgrading the administrative offices. The state agencies will pay for the floor’s more than $195,000 annual operating costs, according to Preckwinkle’s office.