Construction is now fully underway for 150 E Ontario Street, the site of what will be a 28-story hotel. The Streeterville project is one of the first major high rises in years to be built in the district, whose development heyday occupied much of the 2000s and 2010s.
Developed by The Prime Group, the new classically-styled edifice will serve as the next venue for the Spanish hotel chain RIU Hotels and Resorts with a total of 388 rooms. The Prime Group will also contribute $2.9 million to the Neighborhood Opportunity Fund.
The 345-foot-tower design, envisioned by Lucien LaGrange Studio, will be clad in painted architectural concrete, aluminum-framed windows, and pre-cast concrete cornices. The two ornamental tower sections at the crown of the building will be slightly taller than the roofline, creating a distinct crown. Back at street level, the lobby entrance will also have a glass and metal canopy over the sidewalk, while the east side of the ground floor will host a coffee shop.
While zero parking spaces are included within the plans, a multitude of existing transit options can be found within close range. Bus service for Routes 2, 3, 10, 26, 125, 143, 146, 147, 148, 151, and 157 are all available within a single block, while CTA L Red Line is located at Grand station, an eight-minute walk southwest.
W.E. O’Neil Construction is serving as general contractor. An opening date is currently projected for 2024.