homepage home
subscribe to Midwest Construction magazine subscribe
newsletters free e-newsletter
industry jobs industry jobs
Dodge Data & Analytics
Midwest Construction Logo
Order Your RISK FREE Subscription

Planned Convention Hotel Hits Snag in Chicago

Text size: A A

Hours after Chicago's Metropolitan Pier and Exposition Authority announced plans Tuesday to construct a $400-million hotel near McCormick Place, the city's largest convention center, the site's owner indicated it had invested millions of dollars to locate an alternative project there.

----- Advertising -----

In a written statement, JRM Technology President James R. McHugh said his firm, an affiliate of James McHugh Construction Co., planned to develop a $400-million data center on the site. “The plan has already received City Council approval and we would start construction as soon as a building permit is issued,” said McHugh.

McHugh said the Metropolitan Pier and Exposition Authority, also known as McPier, approached JRM, about an alternative location for the project, but considered their discussions “very preliminary.”

McPier, which operates McCormick place, says the planned 1,200-room hotel is critical to boosting convention activity in Chicago, which has lost business to competing locations.

The hotel “is moving forward,” Chicago Deputy Mayor Steve Koch indicated in a statement on Tuesday.“We are in active negotiations with McHugh, and there are a number of potential options that will allow both the data center and world-class hotel to be built. However, the city will pursue every available option to ensure the hotel is built, and brings with it essential redevelopment around McCormick Place.”

McCormick Place currently has only one hotel, the Hyatt Regency McCormick Place, within walking distance of it. As a result, most visitors must travel by bus or taxi to attend meetings there.

McPier CEO Jim Reilly told reporters a new hotel will not only add capacity at McCormick Place, but spur additional development attractive to convention attendees. He also said he is optimistic about negotiations with McHugh. “We think that will work out,” he said. “If for some reason it doesn't work out, the city is prepared to use its eminent domain power.”

Meantime, the Hyatt Regency McCormick Place is undergoing $110 in renovations to be completed this summer.



----- Advertising -----
Blog: ENR Midwest Musings
ENR Midwest Musings delivers the latest news, insights and opinions about construction & design in Illinois, Indiana, Wisconsin and Missouri, as well as Iowa, Ohio, Michigan and Minnesota.
Reader Photos
Photos from ENR Photo Showcase
Dodge Lead Center
Search for local construction projects OR CALL 877-234-4246 and get a FREE Lead Now!
Search by Project Type & State

----- Advertising -----
 Reader Comments:

Sign in to Comment

To write a comment about this story, please sign in. If this is your first time commenting on this site, you will be required to fill out a brief registration form. Your public username will be the beginning of the email address that you enter into the form (everything before the @ symbol). Other than that, none of the information that you enter will be publically displayed.

We welcome comments from all points of view. Off-topic or abusive comments, however, will be removed at the editors’ discretion.