CHICAGO — The owners of the Chicago Cubs unveiled plans for a seven-story, 175-room hotel at the northwest corner of Clark and Addison.
Hotel Zachary is expected to open in early 2018 and will become host to restaurants from the groups behind some of the city's best-known restaurants.
Hickory Street Capital — the Ricketts family-owned development company behind the project — released new renderings of the development, which draw inspiration from Wrigley Field, the company said.
“The goal of our development is to create a town hub, where families, fans and visitors find entertainment, great food and daily attractions in an urban park setting," said Crane Kenney, chairman of Hickory Street Capital and president of Cubs business operations.
The hotel will partner with restaurant groups like One Off Hospitality (Big Star), 4 Star Restaurant Group (Crosby's Kitchen), Folkart Restaurant Management (Yusho) and West Town Bakery to fill the 238,000-square-foot building at 3630 N. Clark St.
Names of the specific restaurants that will be at the hotel haven't been announced. With the Zachary Hotel, 4 Star Restaurant Group will have five Lakeview locations, including Crosby's Kitchen, Tuco and Blondie, Ella Elli and Frasca.
A new McDonald's will be in the hotel building, replacing the one torn down earlier this year. A Wintrust Bank branch will also open inside the space.
The hotel is named after architect Zachary Taylor Davis, the designer of Wrigley Field. Davis was also the brains behind designs for Comiskey Park, St. Ambrose Church and Mount Carmel High School.
The Chicago Cubs are heading into the third year of major renovations at Wrigley Field. While bleachers, the underground clubhouse, bathroom expansions and marquee are complete, work remains for the plaza and office building, which should be complete next year. The 1914 Club should open in 2018.
Last year, the Cubs' postseason games delayed construction for a month. Despite the hold-up, the club said the five-year renovation plans remain on schedule.
Across the street, demolition is almost complete for the Addison & Clark project formerly known as Addison Park on Clark.
By November, construction on Addison & Clark likely will require restricting the east lane of traffic on Addison Street, developers said. The blockage will last into the 2017 Cubs season, forcing a heavy flow of game day traffic to one lane of travel along the south side of Wrigley Field.
The Hotel Zachary/Wrigley Plaza is being developed by an entity controlled by a trust established for the benefit of the family of Joe Ricketts, owner and CEO of DNAinfo. Joe Ricketts has no direct involvement in the management of the hotel development project.
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