CHICAGO, IL – April 7, 2020 – Stream Realty Partners (Stream), a national real estate services, development, and investment company, announced today that the Chicago office has been engaged by Hines to lease T3 Goose Island, a proposed 270,000-square-foot office building located on Goose Island. T3 is short for timber, transit and technology, and while Hines has successfully delivered similar projects in Minneapolis and Atlanta, T3 Goose Island will be Chicago’s first modern mass timber office building. The building will be located at the center of Goose Island, which consists of 760 acres of former industrial space that is undergoing redevelopment into a commercially anchored district. As part of its ongoing transformation, Goose Island will have expanded commercial access, public-transit options, new pedestrian walkways, open green space and bike-friendly pathways.
Brian Atkinson, Managing Director at Hines, said, “We are excited to work with Stream to expand the marketing of T3 Goose Island. We believe in the post-pandemic world employers will seek options that allow them to control their own environment while focusing on employee wellness and indoor air quality, with both indoor and outdoor workspaces. We will see a greater focus on sustainability and environmentally sensitive design that offers employees a multitude of options for transit. T3 Goose Island will deliver this employee-centric work space and Stream’s agile platform will enable us to deliver this message to a broad range of potential occupiers in Chicago.”
The 6-story office building will be fully equipped with the most desirable amenities, including a common lounge, fitness facility, ground-floor retail, bike storage and 275 parking spaces. Private balconies for more individualized indoor-outdoor connection supplement a communal rooftop deck. DLR Group is providing planning and architecture services. T3’s thoughtful design holds to the commitment of building spaces that promote health, enhance productivity and well-being, while the timber construction is naturally sustainable and environmentally friendly.
Adam Showalter, Managing Director at Stream, said, “Goose Island has long been known as an epicenter for industrial warehouses and now it is home to companies like Mars Wrigley, UI Labs, CB2, Amazon and several other growth-minded firms. We are excited to lease this project with Hines and provide this unique offering to the market.”
Stream’s Showalter, Patrick Russo, Executive Managing Director, Jessica O’Hara, Senior Vice President, and Brian Duffy, Senior Vice President, will oversee the leasing and marketing efforts of T3 Goose Island, along with Hines.