Willis Tower was $50 million. Since 2007, the building owners considered building a hotel on the north side of Jackson, between Wacker and Franklin, at the plaza that is the entrance to the tower's observation deck. The tower's parking garage is beneath the plaza. Building owners say the second building was considered in the original design. The plan was eventually cancelled as city zoning does not permit construction of such a tall tower there. Although Sears' naming rights expired in 2003, the building continued to be called the Sears Tower for several years. In March 2009, London-based insurance broker Willis Group Holdings
Joshua Sears Building "SEARS". The second entrance is centered on the east facade and bears many of the same features: pressed metal pediments, etc. The Sears Building was built in 1891 by Boston millionaire, philanthropist and Kirkland investor Joshua Montgomery Sears as part of the speculative land boom following Peter Kirk's proposal of building a steel producing mecca that would rival Pittsburgh on the east side of Lake Washington. The building cost $18,000 to build, at the time the most expensive being built in Kirkland outside of the steel mill itself. The bricks were pressed from local clay at Peter Kirk's own brick