Will Waterview Tower “rust in peace” no more?

Waterview Tower

Crain’s Chicago Business is reporting (behind its paywall) that developer Michael Reschke may be nearing a deal to acquire the unfinished Waterview Tower, also known as the “eyesore on Wacker.”

The original Waterview Tower was to be a 90-story hotel and condominiums. Crain’s sources say that Reschke’s plans contemplate a hotel topped by offices.

About 10 weeks ago we relayed a Crain’s report of an impending deal on Waterview Tower with a different developer.

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