DOWNTOWN — A key city panel has signed off on a slew of new Downtown developments, including two high-rise hotels.
The Chicago Plan Commission on Thursday approved a 17-story hotel proposed for 100 W. Huron St., a 29-story hotel at 1101 S. Wabash Ave., and 12 new townhomes in the South Loop's historic Prairie District:
Approved: amended hotel plan at 110 W. Huron. With a Neighborhood Opportunity Bonus payment of $148,601, developer will add 15 hotel rooms. pic.twitter.com/J1vMCF7R9I
— Chicago DPD (@ChicagoDPD) November 17, 2016
Chicago-based Akara Partners originally wanted to build a condominium tower at the corner of Huron and Clark streets, but switched gears to a hotel after getting dragged with slow sales. Their hotel project, which has yet to sign a hotel, will include 215 hotel rooms, a street-level bar or restaurant, and other retail.
RELATED: Two More River North Hotels Proposed By Developers
Commission approves plan to construct 12 four-story townhouses at 1929 S. Prairie Ave. on the Near South Side pic.twitter.com/R4KCNoqwbk
— Chicago DPD (@ChicagoDPD) November 17, 2016
A venture led by Palos Park developer Seamus Murnin received city approval to build these high-end townhomes at Prairie Avenue and Cullerton Street in the South Loop's landmarked Prairie District.
Richard Simon of United Service Cos. once planned to build a 13,300-square-foot mansion at the corner, but sold the site to Murnin's venture last year after reportedly changing his mind. United Service Cos. is a staffing firm for trade shows.
Another developer in 2007 proposed a seven-story condo tower and some town homes at the site, but the plan fizzled amid the ensuing recession and the property was hit with a foreclosure suit.
Prairie Avenue, often called the city's original Gold Coast, was home to George Pullman, Marshall Field, and other industrial barons of 19th century Chicago.
Commission approves plan to construct a 281-room, 306-foot hotel tower at 1101 S. Wabash Ave. in the #SouthLoop pic.twitter.com/Qvqbuyaqx0
— Chicago DPD (@ChicagoDPD) November 17, 2016
A venture led by Hinsdale developer Yen Sui-Mei got approval to build this 29-story, 281-room Hilton hotel with 57 parking spaces at 1101 S. Wabash Ave. The project will replace a parking garage.
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