Magellan Development Group LLC has announced partnerships with St. Regis Hotels & Resorts and The Alinea Group to rebrand Chicago Vista Tower as The St. Regis Chicago.
The St. Regis Chicago will feature 191 guest rooms and numerous dining options, including a fine dining restaurant, a sky bar with an outdoor terrace, an indoor pool with outdoor terrace, spa, fitness room, ballroom and meeting rooms.
“We’re pleased to collaborate with the iconic St. Regis brand,” said J.R. Berger, Principal of Magellan Development Group LLC, in a press release. “The St. Regis Chicago will be the city’s most desirable destination. The St. Regis, coupled with the Alinea Group, aligns with the established caliber of the Vista Tower brand, and our dedication to providing unparalleled luxury for our residents and hotel guests. The partnership with these brands sends the message that Chicago is strong and resilient.”
Capital for the project will be provided by Goldman Sach’s West Street Strategic Solutions I Fund L.P.
“This is truly a ‘born-in-Chicago’ project, and we are excited to be a part of this amazing architectural wonder,” said Alinea Group co-owner Nick Kokonas in the press release. “We’ve been in discussions with Magellan for several years to determine how we can best partner on this project, and we look forward to bringing our vision to life.”
The Vista condominiums will become The Residences at The St. Regis Chicago, consisting of 393 luxury condominiums. The amenity space on the 47th floor will feature a sky terrace with outdoor pool, a private resident lounge and dining room, a demonstration kitchen, golf lounge and more.
“The St. Regis brand celebrates the best of luxury living and travel,” added George Fleck, vice president, global brand management and marketing for St. Regis Hotels & Resorts at Marriott International. “The Residences at The St. Regis Chicago will provide its residents an extraordinary lifestyle, consistent with the experience guests have come to know and love in exquisite St. Regis hotels and resorts around the world. Guests and residents of The St. Regis Chicago will enjoy the highest level of personalized service through the signature St. Regis Butler Service combined with the modern glamour and high design for which the brand is known. Working with Magellan Development on the Vista Tower project, a significant iconic building in Chicago, allows us to offer Chicago’s Best Address and provide the ultra-luxury experience that is expected by our guests and residents.”
The 101-story tower is set for completion in Fall 2021.