875 North Michigan Avenue


875 North Michigan Avenue is a 100-story, supertall skyscraper located in Chicago, Illinois. Located in the Magnificent Mile district, the building was designed by Peruvian-American chief designer Bruce Graham and Bangladeshi-American structural engineer Fazlur Rahman Khan of Skidmore, Owings and Merrill. When the building topped out on May 6, 1968, it was the second-tallest building in the world after the Empire State Building, in New York City, and the tallest in Chicago. It is currently the fifth-tallest building in Chicago and the fourteenth-tallest in the United States, behind the Aon Center in Chicago and ahead of the Comcast Technology Center in Philadelphia. When measured to the top of its antenna masts, it stands at.
The building is home to several offices and restaurants, as well as about 700 condominiums; at the time of its completion, it contained the highest residence in the world. The building was originally named for John Hancock Mutual Life Insurance Company, a developer and original tenant of the building, which itself was named for the U.S. Founding Father John Hancock. In 2018, John Hancock Insurance, years after leaving the building, requested that its name be removed; the owner is seeking another naming rights deal.
From the 95th-floor restaurant, which closed in late 2023, diners were able to look out at Chicago and Lake Michigan. The observatory, which competes with the Willis Tower's Skydeck, has a 360° view of the city, up to four states, and a distance of over. 360 Chicago is home to TILT, a moving platform that leans visitors over the edge of the skyscraper to a 30-degree angle, a full bar with local selections, Chicago's only open-air SkyWalk, and also features free interactive high-definition touchscreens in six languages. The 44th-floor sky lobby features the highest indoor swimming pool in the United States.

History

20th century

The project, which would become the world's second tallest building at opening, was conceived and owned by Jerry Wolman in late 1964. The project was financed by John Hancock Mutual Life Insurance Company. Construction of the tower was interrupted in 1967 due to a flaw in an innovative engineering method used to pour concrete in stages, that was discovered when the building was 20 stories high. The engineers were getting the same soil settlements for the 20 stories that had been built as what they had expected for the entire 99 stories. This forced the owner to stop development until the engineering problem could be resolved, resulting in a credit crunch. The situation is similar to the one faced during the construction of 111 West Wacker, then known as the Waterview Tower. Wolman's bankruptcy resulted in John Hancock taking over the project, which retained the original design, architect, engineer, and main contractor.
The building's first resident was Ray Heckla, the original building engineer, responsible for the residential floors from 44 to 92. Heckla moved his family in April 1969, before the building was completed.
The 1988 film Poltergeist III was set at the John Hancock Center and was filmed in early 1987.

21st century

On December 10, 2006, the non-residential portion of the building was sold by San Francisco–based Shorenstein Properties for $385 million and was purchased by a joint venture of Chicago-based Golub & Company and the Whitehall Street Real Estate Funds. Shorenstein Properties had bought the building in 1998 for $220 million.
Golub defaulted on its debt and the building was acquired in 2012 by Deutsche Bank, who subsequently carved up the building. The venture of Deutsche Bank and New York–based NorthStar Realty Finance paid an estimated $325 million for debt on 875 North Michigan Avenue in 2012 after Shorenstein Properties defaulted on $400 million in loans. The observation deck was sold to Paris-based Montparnasse 56 Group for between $35 million and $45 million in July 2012. That same month, Prudential Real Estate Investors acquired the retail and restaurant space for almost $142 million. In November 2012, Boston-based American Tower Corp affiliate paid $70 million for the antennas. In June 2013, a venture of Chicago-based real estate investment firm Hearn Co., New York–based investment firm Mount Kellett Capital Management L.P. and San Antonio–based developer Lynd Co. closed on the expected acquisition of 875 North Michigan Avenue's of office space and 710-car parking deck. The Chicago firm did not disclose a price, but sources said it was about $145 million. This was the last step in that piecemeal sale process. In May 2016, Hearn Co. announced that they were seeking buyers for the naming rights with possible signage rights for the building.
Hustle up the Hancock is an annual stair climb race up the 94 floors from the Michigan Avenue level to the observation deck. It is held on the last Sunday of February. The climb benefits Respiratory Health Association. The record time as of 2007 is 9 minutes 30 seconds.
The building is home to the transmitter of Univision's WGBO-DT, while all other full-power television stations in Chicago broadcast from Willis Tower. The City Colleges of Chicago's WYCC transmitted from the building until November 2017, when it departed the air as part of the 2016 FCC spectrum auction.
On February 12, 2018, John Hancock Insurance requested that its name and logos throughout the building's interior be removed immediately; John Hancock had not had a naming-rights deal with the skyscraper's owners since 2013. The building's name was subsequently changed to its street address as 875 North Michigan Avenue.
The Signature Room restaurant on the 95th and 96th floors was listed for sale in April 2023 and closed that September, with ownership citing "severe economic hardship" that they attributed to the impact of the earlier COVID-19 pandemic. 360 CHICAGO, which operated the 94th-floor observation deck, bought the building's 95th and 96th floors in June 2024. The next year, it was announced that 875 North Michigan's observation deck would be expanded into the former Signature Room space. Skidmore, Owings & Merrill was hired to redesign these two floors.

Incidents

On November 11, 1981, Veterans Day, high-rise firefighting and rescue advocate Dan Goodwin, for the purpose of calling attention to the inability to rescue people trapped in the upper floors of skyscrapers, successfully climbed the building's exterior wall. Wearing a wetsuit and using a climbing device that enabled him to ascend the I-beams on the building's side, Goodwin battled repeated attempts by the Chicago Fire Department to knock him off. Fire Commissioner William Blair ordered Chicago firemen to stop Goodwin by directing a fully engaged fire hose at him and by blasting fire axes through nearby glass from the inside. Fearing for Goodwin's life, Mayor Jane Byrne intervened and allowed him to continue to the top.
On December 18, 1997, comedian Chris Farley was found dead in his apartment on the 60th floor of the building.
On March 9, 2002, part of a scaffold fell 43 stories after being torn loose by wind gusts around crushing several cars, killing three people in two of them. The remaining part of the stage swung back-and-forth in the gusts repeatedly slamming against the building, damaging cladding panels, breaking windows, and sending pieces onto the street below.
On November 21, 2015, a fire broke out in an apartment on the 50th floor of the building. The Chicago Fire Department was able to extinguish the fire after an hour and a half; five people suffered minor injuries.
On February 11, 2018, a fire in a car on the seventh floor required approximately 150 firefighters to extinguish.
On November 16, 2018, an express elevator cable broke. Initial reports stated that an elevator with six passengers plunged 84 stories from the 95th to 11th floor. Since express elevators are not accessible from floors within the express zone, a team of firefighters had to break through a brick wall from the parking garage to extricate the passengers, none of whom suffered injuries. Elevators to the 95th/96th floor were closed thereafter pending investigation. Subsequent investigation documented only a controlled descent from the 20th floor to the 11th floor.
On January 5, 2022, a piece of cladding fell from the building.

Architecture

One of the most famous buildings of the structural expressionist style, the skyscraper's distinctive X-braced exterior shows that the structure's skin is part of its "tubular system". This is one of the engineering techniques which the designers used to achieve a record height; the tubular system is the structure that keeps the building upright during wind and earthquake loads. This X-bracing allows for both higher performance from tall structures and the ability to open up the inside floorplan. Such original features have allowed 875 North Michigan Avenue to become an architectural icon. It was pioneered by Bangladeshi-American structural civil engineer Fazlur Khan and chief architect Bruce Graham.
The interior was remodeled in 1995, adding to the lobby travertine, black granite, and textured limestone surfaces. The elliptical-shaped plaza outside the building serves as a public oasis with seasonal plantings and a 12-foot waterfall. A band of white lights at the top of the building is visible all over Chicago at night, and changes colors for different events. For example, at Christmas time the colors are green and red. When a Chicago-area sports team goes far in the playoffs, the colors are changed to match that team's colors.
The building is a member of the World Federation of Great Towers. It has won various awards for its distinctive style, including the Distinguished Architects Twenty-five Year Award from the American Institute of Architects in May 1999. In celebration of the 2018 Illinois Bicentennial, the John Hancock Center was selected as one of the Illinois 200 Great Places by the American Institute of Architects Illinois component and was recognized by USA Today Travel magazine, as one of AIA Illinois' selections for Illinois 25 Must See Places.
The building is only partially protected by a fire sprinkler system, as the residential floors do not have sprinklers. Including its antennas, the building has a height of, making it the thirty-third tallest building in the world when measured to pinnacle height.