As Chicago’s hotel boom continues, yet another lodging option may be coming to the Magnificent Mile.
People have been trying to build hotels on that property since Ugg McHairyknees invented fire and opened the first retro-grunge brontosaurus burger stand in Roscoe Village.
We’ve been writing about it for over a decade. Back in the 90’s, it was supposed to become a 20-story medical office building. In 2008 it was going to be the location of a 50-story tower with 330 hotel rooms and 20 condominiums. A year later we told you that Marriott pulled out of a proposed project to plant its Edition flag there. Shortly thereafter the low-rise retail buildings on that parcel were bulldozed, and since then it’s been 7,000 square feet of ugly.
Now with someone once again interested in what lies beneath the surface there, and the economy in better shape than it has been in a while, maybe downtown will be rid of the only thing worse than a surface parking lot: a vacant lot.