Tribune Tower sits on the southwest corner of property that includes four buildings and a surface parking lot.

[5][6] At the time of the purchase, the partnership of Los Angeles-based CIM Group and Chicago's Golub & Co. sought input on how to redevelop the properties, although 42nd District Alderman Brendan Reilly said that he would protect views of the Tower from the Michigan Avenue Bridge to the south and the Ogden Slip to the east.

[7] In January 2018, plans emerged for a skyscraper on the northern portion of the parking lot at the east side of the Tribune Tower property.

As an employee of Skidmore, Owings & Merrill, Adrian Smith had designed Trump Tower and the Burj Khalifa, which became the tallest building in the world in 2010.

[9] The proposal outlined several details, including funding earmarked for affordable housing and neighborhood opportunity as well as plans for the rest of the Tribune Tower property.