Renderings have been revealed for the potential hotel development at 850 W Washington Boulevard in the West Loop. Located on the northeast corner with N Peoria Street just a few steps south of Randolph Street, the proposal would replace a one-story commercial building and surface parking lot. The site was recently acquired by a team made up of Mavrek Development and GW Properties who are working with Freedes Studio on the renderings.
The 21,250-square-foot site was originally under contract with Tishman Speyer from New York with plans to construct an office building; these plans were shelved mid-2022 as the developer backed out of the deal due to economic concerns. Now the new development team is looking to potentially develop a new hotel near the recently opened Nobu and stalwarts Soho House and Hyatt House just a short walk away, coming shortly after the city announced record occupancy rates in the last few weeks.
The renderings posted on Instagram by Freedes Studio show two slightly different design schemes. It is worth noting that no details have been revealed by the developers and no architect has been announced. The main difference between the two is the floor count from six to seven as well as the placement of the exterior mural on the main street corner, however both show a citizenM hotel logo. CitizenM recently opened their first Chicago hotel within the new tower at 300 N Michigan Avenue, offering a modern art-filled property with small rooms.
Current zoning for the site would allow for up to 64,000 square feet of space to be developed on the space without triggering a zoning change, thus given the floor count we can assume it will likely require approval to execute. Both renderings show a dark gray metal panel clad structure with individually framed windows, similar to other citizenM hotels across the world including the newly opened Gensler-designed 216-room Seattle property.
A recessed first floor lobby will welcome guests to the property with a lobby bar and food area. Guests will also have access to a living room lounge, all day gym, and nearby transit as most citizenM hotels do not include any parking. At the moment no further details are known, and the images are speculative as we await formal details from the developer.