AECOM Building explained

AECOM Building
Location:1300 East 9th Street, Cleveland, Ohio United States
Roof:253feet
Floor Count:21
Building Type:Office
Status:Completed
Opening:1972
Architect:Skidmore, Owings & Merrill
Developer:Tishman Construction Corporation
Owner:Optima International LLC
Coordinates:41.5041°N -81.6906°W

The AECOM Building,[1] formerly known as the Penton Media Building, and the Bond Court Building,[2] is a commercial high-rise building in Cleveland, Ohio. The building rises 253 feet (77 m) in Downtown Cleveland.[3] It contains 21 floors, and was completed in 1972.[4] The AECOM Building currently stands as the 29th-tallest building in the city, tied in rank with the Ohio Savings Plaza and Ameritech Center. The architectural firm who designed the building was Skidmore, Owings and Merrill,[3] who also designed Chicago's Willis Tower and Dubai's Burj Khalifa. The building is a part of the Bond Court complex.[4] The Bond Court area used to contain nightclubs and bars but was cleared in the 1960s to 1970s for the office block and the Westin Hotel Cleveland.

The modernist tower served as the world headquarters of Penton Media from 2000 until the company's merger with Prism Business Media.[5] Penton Media signed a 10-year lease agreement to occupy the building in 2000; in the process, the building was also renamed from the "Bond Court Building" to the "Penton Media Building".[2]

In 2010, Optima International LLC bought the Penton Building, they own the One Cleveland Center building diagonally across the street from the Penton Building. Optima is a Miami-based real estate investment firm led by Chaim Schochet and 2/3rd owned by the Privat Group, one of Ukraine's largest business and banking groups.[6]

In early 2016, the design and construction firm AECOM, following its acquisition of URS Corporation, merged three of its Downtown Cleveland offices together on the fourth, fifth, and a portion of the sixth floor of the Penton Media Building. AECOM also purchased branding rights, changing the name from Penton Media Building to AECOM Building.[1]

The AECOM Building is similar in appearance to New York City's One Liberty Plaza and Chicago's Richard J. Daley Center.

See also

Notes and References

  1. News: Former Penton building in downtown Cleveland will be home to AECOM. 2016-05-10. Crain's Cleveland Business . 2015-10-04.
  2. News: Penton Media Announces Corporate Headquarters Will Relocate to Bond Court Building; Lease Agreement Includes Naming Rights. 2007-12-27. Cleveland Business Wire . 2000-01-07.
  3. Web site: Penton Media Building. https://web.archive.org/web/20061210031117/http://www.emporis.com/en/wm/bu/?id=pentonmediabuilding-cleveland-oh-usa. dead. December 10, 2006. 2007-12-27. Emporis.com.
  4. Web site: Penton Media Building . 2007-12-27 . SkyscraperPage.com . dead . https://web.archive.org/web/20070621191238/http://skyscraperpage.com/cities/?buildingID=21482 . 2007-06-21 .
  5. Web site: Penton Media. 2007-12-27. Case Western Reserve University.
  6. http://www.cleveland.com/business/index.ssf/2012/02/the_most_important_guy_youve_n.html Cleveland Plain Dealer: "The most important guy you've never heard of: Chaim Schochet, 25, builds downtown Cleveland empire" By Michelle Jarboe McFee