Willis Tower vs Scotia Plaza

Informations

The Willis Tower (formerly and informally: Sears Tower, its title until 2009) is a 110-story, 1,450-foot (442.1 m) skyscraper in Chicago. At completion in 1973, it surpassed the World Trade Center in New York City to become the tallest building in the world, a title that it held for nearly 25 years; it was also the tallest building in the Western Hemisphere for 41 years, before the new One World Trade Center surpassed it in 2013. While it held the title of'Tallest Office Building' before 2013, it dropped the title of'Tallest Man-Made Construction' after only 3 decades. The CN Tower in Toronto, which functions as a communications tower, took over the title in 1976. The Willis Tower is considered a seminal accomplishment for engineer Fazlur Rahman Khan. It is currently the third-tallest construction in the USA and the Western hemisphere -- and the 23rd-tallest in the world.

Annually, several million people visit its observation deck, the highest in the USA, which makes it one of Chicago's most popular tourist destinations. The arrangement was renamed in 2009 by the Willis Group as a term of its lease. As of April 2018, the building's largest tenant is United Airlines, which moved its corporate headquarters in 77 West Wacker Drive (then the United Building) in 2012, occupying around 20 flooring. Other major tenants include the building's namesake Willis Towers Watson and law firms Schiff Hardin and Seyfarth Shaw. Morgan Stanley plans to move into the construction in 2019 and become its fourth-largest tenant by 2020.

Source: Wikipedia

Informations

Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia