 The 53-story building is designed by Perkins and Will, and is one of the tallest buildings reserved for senior citizens in the world.This building also includes 50,000 square feet (4,600 square meter) of classroom space at the bottom to replace two small classroom buildings belonging to Loyola University Chicago.Until November 2011, The Clare was owned and operated by the Franciscan Sisters of Chicago, a religious organization that runs senior care facilities throughout the Midwest.