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
Sears, Roebuck & Company Mail Order Building (Los Angeles, California) Deco tower and "Sears" sign became a "beacon for Eastsiders returning home on area freeways," and has been described by the Los Angeles Conservancy as "one of the dominant visual icons of the Eastside" of Los Angeles. The distribution center was closed in January 1992, eliminating jobs for 585 full-time workers and 775 part-timers. The facility's general manager said at the time that the Boyle Heights center was the most expensive that Sears operated, partly because the facilities were "outdated." In 2004, developer MJW Investments announced it had acquired the building and would make it the centerpiece of a proposed