Exceptional ACRON Navy Pier Hotel - Chicago, Illinois
The hotel’s proximity to Chicago’s famous attractions, its location in the center of Chicago’s central business district (CBD), its unique macro and micro location, and its integration into a new master plan for Navy Pier will ensure the success of this investment. The hotel will be integrated into the complete facelift of Navy Pier which celebrated its 100th birthday in 2016 (“the Centennial Vision”) and is the city’s top landmark, attracting more than 9 million visitors annually. This hotel will be the only one on Navy Pier. Investor(s) join(s) a Swiss stock corporation or a Delaware LLC to fund the equity for ACRON Navy Pier Chicago Holding.
Hotel in Detail
Details
- Legal form
Swiss stock corporation or Delaware LLC
- Address / registered office of the company
open
- Year issued
2017
- Year closed
open
The Property
- Type of use
Upper upscale hotel
- Address
Navy Pier
600 East Grand Avenue
Chicago, Illinois 60611, USA- Completion
First quarter 2020
- Keys
222
- Floors
7 plus a rooftop lounge
- Parking
150 garage spaces
Management Contract
- Manager
Maverick Hotels and Restaurants
- Lease
25 years with two consecutive five-year renewal terms