City Seeking Developer For New Hotel Near O’Hare Terminal 5

12 Nov 10 Nov, 2016

The city’s Department of Aviation is looking for developers to build a new hotel and renovate another near O’Hare Airport’s Terminal 5, Chicago. The $350 million project – financed by taxes collected by the city from travelers and airlines. The new hotel will feature 300-400 rooms as well as 25,000-65,000 square feet of conference space, banquet rooms, ballrooms and other amenities. It also proposed a second new hotel, to be built on the northeast side of the airport along Mannheim Road near Irving Park Road. It would be part of a mixed-used development that would include 150-200 rooms and a business center and offices. The hotels are expected to welcome their first guests in 2020.

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