USG Corporation - United States Gypsum Company - Corporate Headquarters Building

Corporate Headquarters Building

In 1992, USG moved its corporate headquarters from Wacker Drive to 125 S. Franklin Street in Chicago, a site which it occupied until March 2007. Known as the USG building, the structure is part of the dual tower AT&T – USG complex. The AT&T Corporate Center building was completed 1989. The building was designed by Adrian D. Smith, FAIA, RIBA Design Partner at Skidmore, Owings and Merrill and constructed by Morse Diesel within its $110 million construction budget. The USG building is 538 ft (164 m) tall and houses 35 floors and 1,100,000 square feet (100,000 m2) of space, including 12,000 square feet (1,100 m2) of retail, a 650 seat restaurant expansion, and two levels of below-grade parking for 160 cars. USG had its own entrance with a lobby and occupied the first nine floors exclusively and parts of the 11th floor. Italian marble is used as cladding and also in the highly ornate interior. The interior also features gold leaf and satin-finish brown and American oak wood trim. Parts of the building lobbies were used in the filming of the 1994 film, Ri¢hie Ri¢h.

In 2005, USG announced it would not be renewing its lease at the 125 S. Franklin Street building and instead would move to a new building at 550 W. Adams developed by Fifield Companies. The base building architect is De Stefano + Partners, with The Environments Group providing the interior space design and construction. USG entered a 15-year lease, and occupied the building in early 2007. The new building is occupied 65% by USG and 10% by Humana Inc. As an incentive for USG to remain in the downtown Chicago area, the city of Chicago created a redevelopment agreement that contributed $6.5 million to the construction of the new building. In turn, USG agreed to maintain at least 500 full-time equivalent jobs at all times for a period of ten years at the new corporate headquarters.