Developers propose $550 million hotel, retail project in Chicago

11/17/2011 | Chicago Journal

Developers are pushing for a $550 million project in Chicago, which would include 100,000 square feet of commercial space and two luxury hotels to draw convention attendees at the nearby McCormick Place West. The first hotel, to be operated by Morgans Hotel Group, would have 700 rooms, while the second hotel would have 1,090 rooms. However, developers are still working to obtain financing for the project.

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