Chicago, John Hancock Center, John Hancock discussed on Here & Now

Here & Now


What does it take to start something from nothing and what does it take the actually build i'm guy rise every week on how i built this i speak with founders behind some of the most inspiring companies in the world find it on npr one or wherever you get your podcasts one of the most iconic skyscrapers in chicago's skyline has lost its name the john hancock center was completed in 19th seventy two hundred stories tall and the hancock center is now being called just by its address eight hundred and seventy five north michigan avenue that's the case at least until the building's owners sell new namingrights joining us now is ryan ori commercial real estate columnist with the chicago tribune high ryan i and this has been a rumor for many months why is it happening now while the owners of of john hancock center have been uh talking about doing a namingrights deal with a new company for some time the naming rights deal with john hancock expired a few years ago and now the parent company of john hancock which is manulife financial has told the owners to essentially cease using the name in so far right now the buildings is going to go by its address eight seventy five north michigan avenue just going to go by officially but if everybody's been calling at the hancock building for so long i how do you stop people from doing that yeah i mean this is this is essentially the owners being told you know this is what you need to call it of you know in your official capacity as owners that's certainly not gonna stop chicagoans from calling at the john hancock yum has been almost a full decade now since sears tower change names in the.

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