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
Park Tower (Chicago) Park Tower (Chicago) Park Tower is a skyscraper located at 800 North Michigan Avenue in Chicago, Illinois. Completed in 2000 and standing at tall with 70 floors — 67 floors for practical use, it is the twelfth-tallest building in Chicago, the 43rd-tallest building in the United States, and the 83rd-tallest in the world by architectural detail. It is one of the world's tallest buildings to be clad with architectural precast concrete (the Transamerica Pyramid Building in San Francisco is taller). It is one of the tallest non-steel framed structures in the world—it is a cast-in-place concrete framed structure. This building