In 2008, Shanghai World Financial Center claimed the records of tallest building by roof and highest occupied floor. The naming rights are valid for 15 years, so it is possible that the building's name could change again as soon as 2024. The tower was originally constructed in 1973 for the Sears Roebuck & Company headquarters, then renamed in 2009 by Willis Holding Group, who obtained naming rights as part of a lease agreement. [81] Late Night with Conan O'Brien introduced a character called The Sears Tower Dressed In Sears Clothing when the show visited Chicago in 2006. According to the tower's owners, the second building was considered in the original design. The height was restricted by a limit imposed by the Federal Aviation Administration (FAA) to protect air traffic. In 2015, the Blackstone Group purchased the tower for a reported $1.3billion, the highest price ever paid for a U.S. property outside of New York City. catchphrase from the American television sitcom Diff'rent Strokes[65] and considered the name-change ill-advised in "a city with a deep appreciation of tradition and a healthy ego, where some Chicagoans still mourn the switch from Marshall Field's to Macy's". All data contained herein is subject to change and is provided without warranties. 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. Black bands appear on the tower around the 29th32nd, 64th65th, 88th89th, and 104th108th floors. (The highest natural point in Illinois is the Charles Mound at 1,235ft (376m) above sea level.). 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. They will have to find some other means of ensuring reception such as taller antennas." In 1990, the law firm of Keck, Mahin & Cate decided to move into a development that would become 77 West Wacker Drive, rebuffing Sears' attempts to entice the firm to stay. Goodwin was arrested at the top after the seven-hour climb and was later charged with trespassing. Upon completion, One World Trade Center in New York City surpassed the Willis Tower through its structural and pinnacle heights, but not by roof, observation deck elevation, or highest occupied floor. Its roof is 1,450ft 7in (442m) above street level or 2,046ft (624m) above sea level, the 103rd floor observation deck (The Sky Deck) is 1,353ft (412m) above street level or 1,948ft (593.8m) above sea level, and the Franklin Street entrance is 595ft (181m) above sea level. They will have to find some other means of ensuring reception such as taller antennas. From 1969 to 1978, this record was held by John Hancock Center, whose antenna reached a height of 1,500 feet (457.2m), 49 feet (14.9m) taller than the Sears Tower's original height. This month marked four years since the former Sears Tower was re-christened Willis Tower, and the new name has yet to stick."[71]. Skidmore architects proposed a tower with large, 55,000-square-foot (5,100m2) floors in the lower part of the building with gradually tapered floorplates in a series of setbacks, which would give the tower its distinctive look. A second observation deck on the 99th floor serves as a backup. Until 2000, the tower did not hold the record for being the tallest building by pinnacle height. The Sears Tower was the first building to use this innovative design. On July 16, 2009, the building was officially renamed Willis Tower. Cost more than $175 million to build; 104 elevators moving 1,200 feet per minute; More than 16,000 square feet of conference rooms; 99 th floor event space; 3 entrances; WILLIS TOWER TODAY. On September 8, 1972, the United States Court of Appeals for the Seventh Circuit upheld the FCC decision. Text imported from Wikipedia article "Willis Tower" and modified on 14 May 2020 according to the CC-BY-SA 3.0 license. The buildings 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. The Skydeck competes with the John Hancock Center's observation floor a mile and a half away but reaching 323 feet (98.5m) lower. The suits alleged that above that point television reception would deteriorate and cause property values to plummet. [27] The court's written opinion was filed on September 20, 1972. 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