The Prime Group

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

7:30 am on October 9, 2022 By Ian Achong

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.

Dead by Design #2 – Waldorf-Astoria Hotel and Residence Tower in Streeterville

7:45 am on September 11, 2022 By Jack Crawford

Next in our procession of unbuilt Chicago skyscrapers is the Waldorf-Astoria Hotel and Residence Tower, a 107-story supertall that would have been located along North Park Drive, less than a block from the river in Streeterville. Compared to existing Chicago structures, if built, the mixed-use project would have been the third tallest in the city with a 1,265-foot height. More broadly, if it were built at the time of its proposal in 2007, it would have been the seventh tallest in the world. The Prime Group in partnership with Fordham Co. had planned for a three-year construction timeline starting in 2009 and wrapping up in 2012.

Hotel Riu Plaza Chicago rendering by Lucien LaGrange Studio

Construction Takes Off for 150 E Ontario Street in Streeterville

7:45 am on August 28, 2022 By Jack Crawford

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.

150 E Ontario Street Receives Foundation Permit in Streeterville

7:45 am on July 26, 2022 By Jack Crawford

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.

State Signs Sale Of Thompson Center In The Loop

7:45 am on April 2, 2022 By Ian Achong

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.

State Announces Plans For The Thompson Center In The Loop

7:30 am on December 16, 2021 By Ian Achong

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.

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

7:45 am on August 6, 2021 By Lukas Kugler

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.

City Council Approves Class L Tax Incentive for 208 S LaSalle Street in The Loop

7:30 am on August 1, 2021 By Lukas Kugler

The Chicago City Council has approved the application for a Class L tax incentive for 208 S LaSalle Street in The Loop. Home to the Continental and Commercial National Bank Building, the site is located along S LaSalle Street, between W Adams Street and W Quincy Street. The Prime Group is the developer behind the application.

Plan Commission Approves RIU Plaza Hotel Chicago Development at 150 E Ontario Street in Streeterville

7:45 am on July 18, 2021 By Lukas Kugler

The Chicago Plan Commission 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.

Renderings Revealed for RIU Plaza Hotel Chicago at 150 E Ontario Street in Streeterville

7:45 am on April 12, 2021 By Lukas Kugler

Renderings have been revealed for 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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The Prime Group

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