The Prime Group


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

150 E Ontario Street Receives Foundation Permit in Streeterville

A foundation permit has been issued for the planned 150 E Ontario Street, kicking off the first high rise to be built in Streeterville in several years. Filling in a long-vacant patch of land within an otherwise dense downtown segment, the new construction will be a 28-story hotel for the Spanish hotel chain RIU Hotels and Resorts. The Prime Group is the developer for this proposal, having also contributed $2.9 million to the Neighborhood Opportunity Fund alongside the project.

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State Signs Sale Of Thompson Center In The Loop

The State of Illinois has officially signed a contract selling the Thompson Center at 100 W Randolph Street in The Loop. The controversial but architecturally significant building located on the corner with N Clark Street will now receive a multi-million dollar renovation that will forever change its appearance and use. The winning bid for the center came from the Prime Group headed by Michael Reschke with JAHN Architects, the firm of the center’s original architect Helmut Jahn, leading the design efforts for the renovation.

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State Announces Plans For The Thompson Center In The Loop

The State of Illinois has selected a buyer for the controversial Thompson Center located at 100 W Randolph Street in The Loop. The building, which opened in 1985, was designed by famed architect Helmut Jahn who designed other influential Chicago structures like Terminal 1 at O’Hare International Airport. The sale represents the end of a multi-year process which began in 2018 under the previous governor.

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

City Council Approves RIU Plaza Hotel Chicago at 150 E Ontario Street in Streeterville

The Chicago City Council has approved the proposed RIU Plaza Hotel Chicago at 150 E Ontario Street in Streeterville. Vacant for more than ten years, the project site is an infill site off of N Michigan Avenue. The midblock location is bound by two adjacent buildings spanning the block between N Michigan Avenue and N St. Clair Street. The Prime Group is the developer behind the proposal.

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