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Google Plans to Expand in Downtown Chicago With $105 Million Thompson Center Deal

  • Tech giant plans to occupy building in 2026 after renovation
  • Deal for underused state-owned building valued at $105 million
The James R. Thompson Center in Chicago.
The James R. Thompson Center in Chicago.Photographer: Armando L. Sanchez/Chicago Tribune/Tribune News Service/Getty Images

Alphabet Inc.’s Google said it will expand in Chicago by acquiring an underused government-owned building from the state of Illinois in a deal that may help the city’s downtown recover from the economic losses brought on by the pandemic.

The company will buy the James R. Thompson Center, a 17-story building that occupies a full city block in the central Loop district and was designed in the early 1980s by architect Helmut Jahn. The deal is valued at $105 million, before renovations to the building, Google said Wednesday in a blog on its website