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Read the press release here.

60-Story Tower Would Be Tallest Since Recession In River North

 A rendering of the 60-story tower proposed for Superior and Wabash.
A rendering of the 60-story tower proposed for Superior and Wabash.
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Courtesy of Ald. Brendan Reilly

RIVER NORTH — This 60-story hotel and condominium tower would be the tallest built in River North in nearly a decade.

New York-based Symmetry Property Development is aiming high with the tower it wants to build at the northeast corner of Wabash Avenue and Superior Street. Ald. Brendan Reilly (42nd) shared a rendering of the ambitious project Friday ahead of a community presentation next week at the Sofitel Chicago, 20 E. Chestnut St.

The hotel-and-condominium tower at 739 N. Wabash Ave. would be the tallest built in River North since the 98-story Trump International Hotel & Tower opened in 2009 at 401 N. Wabash. A 60-story office tower at 300 N. LaSalle St. also opened that year amid the depths of recession.

The proposed 60-story, 725-foot-tall building would include 246 condos, 216 hotel rooms, 120 timeshare units and 30,000 square feet of retail space, Reilly wrote in an email to constituents Friday evening.

An executive for the developer did not return a message seeking comment.

The new glass tower would replace a vintage low-rise building at 42 E. Superior St.

The developer will present its plan to neighbors at 6 p.m. March 13 in the third-floor Paris Ballroom at the Sofitel, Reilly wrote.