Tishman Realty plans to develop a 24-story limited service hotel with approximately 395 guestrooms on the former site of the Museum of Contemporary Art. The project is being designed by Valerio Dewalt Train Associates and is expected to be complete by the fall of 2018. Tishman will also manage the hotel, Chicagoarchitecture.org reports.
The proposed 24-story, 395-room hotel would replace a three-story building at 237 East Ontario St. which was most recently been used as a film studio, but has since been vacant for the last 10 years. Before it was used as a film studio, the building served as the home for the Museum of Contemporary Art.