Hotel at 1016 W Lake Street Receives Plan Commission Approval in Fulton Market

A new 15-story hotel at 1016 W Lake Street, Fulton Market, has been approved by the Plan Commission. Cogswell Realty and Erol Stapleton bought the site for $6.6 million, and are planning 143 hotel rooms, which is an increase from the originally planned count of 130. The ground level will house a lobby and a small commercial space, with the second and third levels designated for amenities. A 3,400 square-foot sky-lounge with an outdoor deck is planned for the top floor.

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New Renderings Revealed As Pre-Leasing Begins At 1000M

Pre-leasing has begun for the residential tower at 1000 S Michigan in the South Loop with new renderings revealed. Located along the famed streetwall across the street from Grant Park, 1000M came in second place on our 2023 year-end countdown as work is quickly wrapping up. The project is being led by developers Time Equities, Inc., JK Equities, and Oak Capital, with Jahn/ Architecture working on the design.

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