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New Building May Dwarf Sears Tower

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From Associated Press

A developer wants to turn the Sears Tower into the world’s second-tallest building.

Miglin-Beitler Developments Inc. announced plans Monday for a slender, 125-story skyscraper resembling a rocket emerging from the Loop. The 1,914-foot structure would eclipse by 400 feet the Sears Tower.

The developer did not say how much the concrete and steel-reinforced skyscraper would cost. Plans have been submitted to the Chicago Planning Commission.

Construction could begin by December and could be completed by mid-1992, the developer said.

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The building, being designed by architect Cesar Pelli, of New Haven, Conn., would contain 1.2 million square feet of office space, only about one-third the rentable space of the Sears Tower.

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