200 South Wacker IL, LLCChicago, IL
Unsuccessful respondents (0)
1 successful respondent
0 unsuccessful respondents
Buyer for this procurement: Jennifer Summers, (217) 300-3156
Chief procurement officer for this procurement: John Donato
State purchasing officer for this procurement: John Knittle
Comments:
The space located at 200 S. Wacker Dr., Chicago was selected after the selection committed performed a detailed analysis comparing locations and financial terms and performing other due diligence The committee determined it was in the best interest of the University and State to expand at the current site and that the significant benefits outweighed the additional cost of relocation. Expanding at the existing site will allow the DPI to build upon and synergize with its existing presence on the 4th floor, while also addressing social distancing. Building the DPI at one location will maximize operational efficiencies and continuity of programming, foster collaborations, as well as build upon and support brand awareness for the University of Illinois and the DPI. The fixed expansion opportunity only offered by the selected landlord would also eliminate many of the financial unknowns related to future expansion of an unknown size, timing, and cost.
The University award process may be delayed up to thirty days as this award goes through a state approval process.
The University wishes to lease office space located at Chicago, IL for a period of 5 years with options. This property will be used for DPI.
This transaction is subject to the State Board of Elections registration and certification requirements of Public Act 095-0971.
The State of Illinois has a policy to encourage prospective vendors to hire qualified veterans, minorities, females, persons with disabilities and ex-offenders.