Quote:
Originally Posted by chris08876
They should cut the condo units. Might be hard to sell depending on the price. Hopefully it'll stay in a range of 1 to 4 million for the condos, although it would be nice if they increase the amount of market rate rentals and up the hotel units. Seems kinda low, the hotel portion.
In such a prominent location, this could be one of the greats in terms of hotels. Might even compete with Trump International nearby.
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The Intercontinental, The Gwen, Marriott, Sheraton Grand, Loews, Embassy Suites, DoubleTree, Homewood Suites, and Trump are all within two blocks. Just across the river there's Hampton Inn, Royal Sonesta, Club Quarters, LondonHouse, Comfort Suites. And 300 N Michigan is also getting a hotel component, and will be completed before Tribune gets started. I would not say that the area is crying out for more hotel rooms.