350 North Orleans

What 350 North Orleans does

350 North Orleans is a 1.3 million square foot commercial office building located on the north bank of the Chicago River in Chicago's River North neighborhood, constructed in 1977 by Skidmore, Owings & Merrill and originally designed as the world's largest collection of apparel showroom space. The property was renovated and rebranded in 2018 into a modern, premium multipurpose office asset and now operates two core products: traditional long-term office leasing — with eight available floors ranging from 17,211 to 89,515 square feet — and 350 Coworking, a flexible-workspace sub-brand offering fully furnished private offices (starting at $550/month for 1–2 persons), hot desks ($30/day or $400/month), and hourly conference rooms ($60–$75/hour). Supporting amenities include Tela Café (operated by Infuse Hospitality), Studio 350 fitness center, the River Room tenant lounge and event space, a rooftop deck, secure bike storage, and the My 350 iOS tenant app, all anchored by WiredScore Platinum and LEED Gold certifications.

The business model is a hybrid of subscription-style recurring rental income (long-term office leases and coworking memberships) plus transaction-based ancillary revenue from café, fitness, event space, and conference room usage. Go-to-market is split between direct enterprise field sales — handled by dedicated LPC brokers (Matt Hickey, Joe Alberts) — and a self-serve direct-to-consumer channel for coworking, which supports online tour scheduling, free day passes, and tiered pricing from daily passes to multi-month private office commitments. The tenant mix skews toward established tech and media companies (Gartner, Brookfield, Vokal, Upshot), with SMBs and startups served through the coworking layer. Building operations are managed by Lincoln Property Company (LPC), evidenced by the @lpc.com email domains used by leasing, property management, and community management staff.

The property competes on location, connectivity, and amenity differentiation rather than technology. Notable strategic positioning elements include indoor CTA Brown/Purple Line access, third-party validated digital infrastructure (WiredScore Platinum), sustainable building certification (LEED Gold), and a curated amenity package designed to support tenant retention and command premium rents in the River North submarket. There is no evidence of AI/ML capability, no venture capital or private equity backing disclosed, and no public listing — this is a single-asset commercial real estate property operated by a third-party management platform.

Name

350 North Orleans

Legal name

350 North Orleans

Website

https://350norleans.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

51–100 employees

Short description

350 North Orleans is a 1.3 million square foot commercial office building on the Chicago River in River North offering traditional long-term office leasing and 350 Coworking flexible workspace, serving tech, media, enterprise, and SMB tenants under Lincoln Property Company management.

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Flexible Office Space

NAICS

Facilities Support Services (561210), General Rental Centers (5323)

SIC

Operators Of Nonresidential Buildings (6512), Services-Facilities Support Management Services (8744)

akta.pro primary industry

Space & Occupancy Services (Move/Add/Change, Seating, Wayfinding) (IMAIALAF)

akta.pro secondary industry

Retail & Mixed-Use Commercial Construction (IMAFACAB)

Keywords

• Commercial office leasing
• Flexible coworking space
• Premium river north office
• Managed office property
• Conference room rentals

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Office Space Leasing: Traditional commercial real estate leasing model where tenants lease office floors/spaces on multi-year contracts. Available floors range from 17,211 SF to 89,515 SF with various sizes available.
2. Coworking Memberships: Flexible workspace memberships including private offices, hot desks, and conference room rentals. Offers tiered pricing from daily passes to monthly memberships to larger team offices with minimum term requirements.
3. Amenity Services: In-building café operated by Infuse Hospitality (Tela Café), fitness center (Studio 350), and event space rental generating ancillary revenue from tenants and external users.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

350 North Orleans operates a 1.3 million square foot commercial office building at 350 North Orleans Street in Chicago's River North, offering traditional multi-year office floor leasing (with suites from 17,211 SF to 89,515 SF) and a 350 Coworking flexible workspace product (private offices from $550/month, hot desks, day passes, and hourly conference rooms). The property bundles physical space with a full amenity package — Tela Café, Studio 350 fitness center, River Room lounge and event space, roof deck, secure bike room, the My 350 mobile app, and a tenant/visitor portal — for enterprise tenants and SMBs/startups seeking a River North address.

Product overview

350 North Orleans is a 1.3 million square foot multipurpose office building offering traditional long-term office leasing (with floor plans from 17,211 to 89,515 SF) and 350 Coworking flexible workspace (private offices starting at $550/month, hot desks, and conference rooms). Building amenities include Tela Café (South American-inspired dining), Studio 350 fitness center, River Room lounge and event space, roof deck, and secure bike storage. The building serves as a modern employment hub targeting grown-up tech and media companies in Chicago's River North neighborhood.

Differentiator

Problem solved

Functional benefit

Brands

• 350 Coworking: Flexible coworking space offering private offices, hot desks, and conference rooms for companies of 1-100 people with short-term commitment options and concierge-level services.

Products and services

• Traditional Office Leasing Multi-year office floor leases at 350 North Orleans for enterprise and established companies, with available floors ranging from 17,211 SF to 89,515 SF across multiple levels of the building. Tenants gain access to the full amenity package (café, fitness, lounge, rooftop, bike room), WiredScore Platinum connectivity, LEED Gold sustainability, and the My 350 tenant app.
• 350 Coworking Flexible coworking workspace at 350 North Orleans offering fully furnished private offices (1-2 person from $550/month up to 23+ person team offices), open hot desks ($30/day pass or $400/month membership), and bookable conference rooms (4-person $60/hour, 10-person $75/hour) with concierge-level service from a Community Manager. Targeted at companies of 1-100 seeking short-term commitments.
• Tela Café (In-Building Café) In-building South American-inspired café operated by Infuse Hospitality at 350 North Orleans, located next to the River Room tenant lounge, open Monday-Friday 7:00am-3:00pm for tenants and external visitors.
• Studio 350 Fitness Center State-of-the-art fitness center for 350 North Orleans tenants offering cardio and weight training machines, daily fitness classes, and personal training sessions as part of the building amenity package.
• River Room Lounge and Event Space Newly renovated tenant lounge and adaptable event space at 350 North Orleans overlooking the Chicago River, available for tenant meetings, client entertainment, and casual relaxation.
• My 350 Mobile App iOS mobile application for 350 North Orleans tenants to manage building services, tenant accounts, and visitors, available on the Apple App Store under "My 350".

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Infuse HospitalitycoreOthersInfuse Hospitality operates the in-building café at 350 North Orleans. The café, called Tela Café (pronounced Tay-Lah), brings South American flavors to the building and is located next to the River Room tenant lounge. Operating hours are Monday-Friday, 7:00am-3:00pm. Provides convenient dining options for tenants.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Convene: Premium meeting, event, and flexible office operator with locations in major US cities. Directly comparable as a flex-workspace peer competing for the same premium, amenity-led office experience in Chicago.
• EQ Office: Flexible workspace operator that runs the 350 Coworking community at this property (per @eqoffice.com email for the Community Manager). Operates coworking and flexible office space across major US markets, directly comparable in product offering and target customer (1-100 person companies).
• WeWork: Global coworking and flexible office operator with multiple Chicago locations including River North. Directly competes with the 350 Coworking offering for flexible workspace customers (private offices, hot desks, conference rooms) in the same neighborhood.
• Industrious: Premium flexible office and coworking operator with locations in major US markets including Chicago. Competes head-to-head with 350 Coworking for enterprise and SMB flex-workspace customers, with similar amenity-led positioning.

Broad incumbents

• Hines: Global real estate investment, development, and management firm with significant office portfolio including trophy Chicago assets. Comparable as a broader incumbent owner-operator of premium downtown office product competing for the same enterprise tenants.
• Brookfield Properties: Major commercial real estate owner-operator with a global office portfolio. Notably both a named tenant at 350 North Orleans and a competitor for enterprise office leasing in Chicago's downtown and River North submarkets.
• JLL (Jones Lang LaSalle): Global commercial real estate services and investment management firm with significant Chicago office presence. Comparable as a broader incumbent providing leasing, property management, and capital markets services for office portfolios.
• Lincoln Property Company: National commercial real estate services firm that operates 350 North Orleans (per @lpc.com contacts throughout). Manages a large portfolio of office, multifamily, and mixed-use properties and is directly comparable as the institutional operator/manager of this asset.
• CBRE Group: Largest global commercial real estate services firm, providing leasing, property management, investment sales, and advisory services across office, retail, and industrial. Comparable as a broader incumbent operating and transacting office assets in Chicago and nationally.
• Tishman Speyer: Global real estate owner, developer, and operator of trophy office properties including Chicago assets. Comparable as a broader incumbent competing for the same enterprise tenants seeking premium downtown office space with strong amenity packages.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/350NorthOrleans
• LinkedInlinkedin.com/company/350northorleans
• Instagraminstagram.com/350northorleans

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 350 North Orleans