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
Salmon Tower Building Salmon Tower Building The Salmon Tower Building is a 31-story edifice located at 11 West 42nd Street in Manhattan which was designed by Albert J. Wilcox. It was completed by early 1928 at which time its interior was more than 50% leased. Salmon Tower Building was located just east of the Aeolian Building. The firm of Walter J. Salmon, Sr. which erected the edifice, was known as 11 West 42nd Street, Inc. It is next door to 500 Fifth Avenue, also built by Salmon, Sr. The building has 932,101 square feet. The New York headquarters to elect Herbert Hoover President