Summit Club closes at Chase Tower • Northwest Indiana Business Magazine

Summit Club closes at Chase Tower

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SOUTH BEND – Efforts to sell the 25-story Chase Tower in downtown South Bend received a blow when the building’s largest tenant announced it was moving out.

The Summit Club, which has been a tenant since 1971, closed, laying off 25 people. The building, which has been marketed for anywhere from $15 million to $25 million, has lost several tenants in recent months due to faulty elevators, a leaking roof and problems with heating and air conditioning.

City officials have declined to help pay for some $6 million in immediate repairs that would make the building more attractive to buyers.

Chase Tower is the tallest building in Northwest Indiana.

 

 

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