60-Story Hotel-And-Condo Tower Proposed For River North

By Stephen Gossett in News on Mar 6, 2017 6:30PM

An ambitious 60-story hotel-and-condominium tower will be heading to River North if the project's developer gets its way. The skyscraper would be the tallest building in the neighborhood in nearly ten years. Beyond a dramatic skyline alteration, the tower could also clear out some historic, architecturally significant buildings on Superior Street, as Curbed points out.

The proposal, which comes from New York-based Symmetry Property Development, was made public in Ald. Brendan Reilly (42nd)'s email newsletter. Proposed for the northeast corner of Superior Street and Wabash Avenue, the mixed-use skyscraper would include 216 hotel rooms, 120 timeshare units, 246 condos and some 30,000 square feet of retail space, if constructed.

In 2015, the same developer introduced plans similar concept, but only 36 stories, for the site, but that proposal never got off the ground.

Aside from its dramatic height, the tower could significantly alter the block at the street level, where, just two blocks west of the Magnificent Mile, a collection of Italianate buildings line part of the Superior St. corridor, Curbed notes.

Symmetry will present their plan for the tower to the community on Monday, March 13, at 6 p.m., at the Sofitel Chicago (20 E. Chestnut St.), at a meeting that will also include Reilly and the River North Residents Association.