PNC Bank recenttly announced a long-term extension of its current lease for the PNC Centre at One N. Franklin Street in Chicago.
PNC will also begin extensive renovations to enhance brand visibility and enhance the employee and visitor experience at its downtown Chicago headquarters, in coordination with MetLife Investment Management, the institutional asset management business of MetLife, Inc., on behalf of one of its largest real estate managed accounts.
The capital improvements include the installation of fresh, bold designs to highlight PNC’s brand image and optimization of the office environment for PNC’s downtown workforce, the regional president’s office and PNC’s key Chicago-based national business leaders.
EWP Architects has also been engaged by MetLife to design and oversee renovations to enlarge the lobby and revamp the arrival experience by capitalizing on the elegance and subtle sophistication of the existing lobby travertine. In addition, a full-floor, building-wide amenity space will be created on the 36th floor, which will enhance the tenant experience through interaction, exercise, mindfulness and outlook. Final renovations and transitions are expected to be completed in 2025.
PNC Centre will continue to be anchored by the recently renovated PNC retail branch on the ground floor. This is PNC’s third major investment in the space since PNC received naming rights for the PNC Centre in 2011.Today’s announcement reinforces PNC’s commitment to support economic growth, and corporate and civic leadership in the region.
PNC Centre is a LEED Gold certified building designed by Skidmore, Owings and Merrill and features 36 stories of Class A office space. The building was completed in 1991 and offers 617,592 square feet of office and retail space. The building is situated near easily accessible public transportation, notable cultural and entertainment venues, shopping and minutes away from first-class restaurants.
