News

Plan Commission Approves Nobu Hotel

A rendering of the proposed Nobu Hotel in Fulton Market, Chicago.
Booth Hansen Architects

The Nobu Hotel planned for Fulton Market took another step toward  becoming a reality after the Chicago Plan Commission approved the project.

The Commission's stamp may be seen merely as a formality, since the official groundbreaking was held in June, with Mayor Rahm Emanuel and the development's celebrity investor, Robert De Niro, in attendance, according to Chicago Architecture Blog. The project still needs approval from the full City Council, which is considered another formality.

The project at the corner of Randolph and Peoria streets originally called for 12 stories, 119 hotel rooms and 35 parking spaces. After presenting it to community groups, it was revised last year to seven stories, 93 rooms, a 10k SF restaurant and a penthouse. [CAB]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Chicago Newsletters
Related Stories

California Investor Scoops Up Amazon Warehouse: The Chicago Deal Sheet

Historic Brooklyn Hotel To Be Turned Into Ritz-Carlton-Branded Condos

How Crystal Lake 'Connects The Dots' To Building Complete Community

Daniel Negari Buys Downtown LA Hotel For $34M

Brandon Johnson Seeks Second Term Amid Strained CRE Relationship

Luxury Marriott Hotel Will Take Space In Charlotte Office Conversion

Prologis Acquires 69 Acres For 1M SF Chicago-Area Industrial Development

First LaSalle Street Reimagined Conversion Opens In Chicago's Loop

Inland Scoops Up 2 Senior Living Facilities: The Chicago Deal Sheet

Thor Equities Reacquires Retail Portion Of Palmer House After Losing It To Foreclosure In 2023

Future White Sox Owner Advances Push To Build New Riverside Stadium

Republican Midterm Convention Could Fill More Than 5,000 Hotel Rooms In Dallas