Will Fifield “tack on” a hotel and 350 apartments to a West Loop office tower?

We haven’t added Steve Fifield‘s site at 601-625 W Monroe in the West Loop to our list of new downtown apartment projects, because current plans call only for a 40-story office tower. The current plans are subject to change, according to Crain’s Chicago Real Estate Daily:

“This is a city of skyscrapers,” Mr. Fifield said. “We’re saying, ‘Look, we’ve got a large site with up to 1.4 million square feet of zoning on it, so let’s play to our strength.’ ”
The new plan calls for 40 stories and 800,000 square feet of office space. Depending on the reaction from tenants and capital markets, he also could look to tack on a 300-room hotel and 450 apartments above the office space, which would raise it to 75 stories, Mr. Fifield said.

The site, immediately south of Presidential Towers, is currently a parking lot.

Head over to Chicago Real Estate Daily for more details and a rendering of the proposed tower.

You can see100s more of YoChicago’s aerial photographs at Flickr.

Related posts:

1. More new apartments headed for the West Loop
2. Fifield delivers K2 apartments ahead of schedule
3. Another apartment tower proposed for West Loop
4. West Loop tower goes from plan to deadpool in record time
5. Fifield closes on Alta, shifts attention to K2

Tagged as: Aerial photographs, Apartments, commercial, Downtown Loop, Fifield Companies, Hotel, New construction, Office, Rentals, Steve Fifield, West Loop