Developers are planning a boutique hotel at 1016 W. Lake in Chicago, Illinois which was recently presented to the local community. Proposed by Cogswell Realty headed by Erol Stapleton, the project is being planned for the northeast corner of W. Lake St and N. Carpenter St. The property currently includes a surface parking lot and a three-story building that will be cleared for the new development. The project is aiming to exceed many sustainability requirements and goals including achieving WELL certification, LEED certification, and net-zero energy. The all-electric building will include solar panels on the roof as well as bird-friendly glass with bird fritting. The hotel tower will rise 15 floors with 143 guest rooms. The project will include a rooftop sky lounge and three floors of amenity space at the base of the building. On the ground floor, guests will enter through the hotel lobby facing N. Carpenter St and a commercial space will front W. Lake St. The building will have no parking spaces, but will offer valet service at the building’s drop off zone along N. Carpenter St. The project is being designed by M Moser Associates.
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