The Prime Group


Over 2,000 Units Proposed For LaSalle Street Reimagined In The Loop

To kick off the new year we will take a look at the proposals submitted for the city’s LaSalle Street Reimagined initiative in The Loop. Announced in fall 2022, the program looks to revitalize part of the once bustling financial center with rising vacancy rates as companies relocate to newer towers with modern amenities, leaving behind their historical structures. Led by the Department of Planning and Development along with the Department of Housing, applications were due on December 23rd for the area relatively bound by W Van Buren Street to the south, N Wells Street to the west, and N Clark Street to the east.

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Aerial View of 150 E Ontario Street. Rendering by Lucien LaGrange Studio

Foundation Work Gives Way to Vertical Construction at 150 E Ontario Street in Streeterville

Taking ninth place in our year-end construction countdown, the 28-story hotel at 150 E Ontario Street is gearing up to rise in Streeterville. Developed by The Prime Group, the 345-foot-tall project will be the next location for the Spanish hotel brand RIU Hotels and Resorts, offering a total of 388 rooms. Additionally, a ground-level cafe will be situated at the southeast corner of the tower base.

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Aerial View of 150 E Ontario Street. Rendering by Lucien LaGrange Studio

Full Permits Issued for RIU Plaza Hotel at 150 E Ontario Street in Streeterville

Full permits have been issued for the RIU Plaza Hotel Chicago at 150 E Ontario Street in Streeterville. Located just east of the intersection with N Michigan Avenue, developer The Prime Group broke ground on the new tower earlier this year, replacing an empty lot. The property will be run by Spain-based RIU Hotels and is being designed by local architecture firm Lucien LaGrange Studio, who recently merged with Lamar Johnson Collaborative.

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