These projections were not met, with the tower facing the same vacancy and other problems it saw under Sears, although Trizec made somewhat successful efforts to attract new tenants. [19] By comparison, Taipei 101, built in 2004, cost the equivalent of US$2.21 billion in 2018 dollars. According to the tower’s owners, the second building was considered in the original design. Notably, the Willis Tower has never been fully occupied. [34] Competition beyond its traditional rivals such as Montgomery Ward arose from emerging retail giants including Kmart, Kohl's, and Walmart. In the ensuing controversy, four categories of "tallest building" were created. At one point the team travels through Chicago and the tower is shown (erroneously, since construction did not begin on the tower until two years later in 1971). After three trials, five of the suspects were convicted and two acquitted. This loan would mature in 2005. [83] In an episode of the television series Monk, Adrian Monk tries to conquer his fear of heights by imagining that he is on top of the tower. Located on the 103rd floor at an elevation of 1,353 feet (412.4 m), it is the highest observation deck in the United States and one of Chicago's most famous tourist attractions. The modified tower was also featured on one of the film's posters. [43], Although Sears' naming rights expired in 2003, the building continued to be called the Sears Tower for several years, despite multiple changes in ownership. As the construction of the building neared the 50th floor, lawsuits for an injunction were filed seeking to stop the building from exceeding 67 floors. The building was renamed to Willis Tower in 2009, when London-based insurance broker Willis Group Holdings leased a portion of the building and obtained the building's naming rights, which was agreed as a part of the lease. [33] The naming rights are valid for 15 years so it is possible that the building’s name could change again in 2024. Since no deal had been worked out to rename the building by that date, it retained the Sears Tower name until Willis Group Holdings negotiated the naming rights as part of their lease on the building. Sears and the City of Chicago approved the design and the first steel was put in place in April 1971. [39] The alleged leader of the group, Narseal Batiste, was sentenced to 13½ years in prison. [42], In February 2009, the owners announced they were considering a plan to paint the structure silver, an idea that was later abandoned. Even though regulations did not require a fire sprinkler system, the building was equipped with one from the beginning. The height was restricted by a limit imposed by the Federal Aviation Administration (FAA) to protect air traffic. They wanted 3,000,000 square feet (280,000 square meters) of space. The building's total building area stands at 351,846 m2 (3,787,200 sq ft). [69] Time magazine called the name change one of the top 10 worst corporate name changes and pointed to negative press coverage by local news outlets and online petitions from angry residents. [11] Sears purchased 15 old buildings from 100 owners and paid $2.7 million to the City of Chicago for the portion of Quincy Street the project absorbed.[12]. The building’s naming rights deal, arranged by what the formerly known as Willis Group Holdings, reportedly expires in 2025, but that may change now that the company is acquired by Aon. Until 2000, the tower did not hold the record for being the tallest building by pinnacle height. The court's written opinion was filed on September 20, 1972. Goodwin stated that the reason he made the climb was to call attention to shortcomings in high-rise rescue and firefighting techniques. Sears managers decided to put all of those workers into one building. The 103rd floor observation deck is 1,354 ft (413 m) above the Franklin Street entrance. In March 2009, London-based insurance broker Willis Group Holdings agreed to lease a portion of the building and obtained the naming rights. Programmed by the National Weather Service Weather Forecast Office in Chicago, it is equipped with Specific Area Message Encoding (SAME), which sets off a siren on specially-programmed weather radios to alert of an impending hazard. In an episode of Kenan and Kel, Kenan Rockmore and Kel Kimble decide to climb to the top of the tower so Kenan can declare his love for a girl, but they end up getting stuck on a window washer's platform 110 stories up. In February 1982, two television antennas were added to the structure, increasing its total height to 1,707 feet (520.3 m). The Genius of Fazlur Khan, Fifth International Construction History Congress, Chicago, 06/2015, Den Himmel berühren. Elevators reach the top in about 60 seconds, allowing occupants to feel the change in pressure as they ascend. As Sears continued to offer optimistic projections for growth, the tower's proposed floor count increased rapidly into the low hundreds, surpassing the height of New York's unfinished World Trade Center to become the world's tallest building. Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. The western antenna was later extended, bringing the overall height to 1,729 feet (527 m)[1] on June 5, 2000, to improve reception of local NBC station WMAQ-TV. The sellers, including an Illinois real estate firm called American Landmark Properties, stand to make a tidy profit on the transaction. As Sears continued to offer optimistic projections for growth, the tower's proposed floor count increased rapidly into the low hundreds, surpassing the height of New York's unfinished World Trade Center to become the world's tallest building. The CN Tower in Toronto, which serves as a communications tower, took over the title in 1976. A Willis spokesman said the naming rights were obtained as part of the negotiations at no cost to Willis and the building was renamed Willis Tower on July 16, 2009. This change was not well received by the people of Chicago that is still referring to the building as the Sears Tower. Sears purchased 15 old buildings from 100 owners and paid $2.7 million to the City of Chicago for the portion of Quincy Street the project absorbed. The naming rights are valid for 15 years, so it is possible that the building's name could change again in 2024 or later. Court 's written opinion was filed on September 20, 1972 History Congress Chicago. 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