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Phoenix Group Advisors Expands Office at 370 Lexington Ave., Moves to Second Floor

CHICAGO—The city has approved the construction of 625 W. Adams, a 20-story office tower expected to cost about $150 million.

A partnership of Alter Group and White Oak Realty Partners LLC is developing the 20 story tower in the city’s West Loop. The building was first proposed by Alter in 2010. There are still no tenants announced for the building.