Chicago’s John Hancock Center will no longer go by that name after a request from the insurance company to have its name and logo taken off the building right away.
Until a new naming rights agreement is made, the building will use its address — 875 Michigan Avenue — as its name, Hearn Co. President and CEO Stephen Hearn said, the Chicago Tribune reported.
Hearn Co. is one of a group of investors that has owned the office and parking portions of the building since 2013, the Tribune reported. John Hancock has not been a tenant of the building or paid for naming rights in more than 10 years.
The building has been owned by Manulife, another insurer, since 2004, the Tribune reported. It is the fourth-tallest building in Chicago and is visible in the Chicago skyline.
“It’s exciting and it’s sad at the same time,” Hancock Center worker Eric Shaincock said, ABC 7 reported.
The city is no stranger to skyline buildings changing their names: the Sears Tower changed its name nearly a decade ago, although many residents and visitors still refer to it as such.
Another iconic Chicago building, the Tribune Tower, may also undergo a name change as the offices of the Chicago Tribune are relocated from the building and it is turned into condos.
Twitter users balked at the renaming of the John Hancock Center and expressed their opinions on the matter.
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