Updated 12/18/14 – 11:14 a.m.
CHICAGO (CBS) — City officials have unveiled a Chinese developer’s plans for an 88-story hotel and condo skyscraper, designed by Chicago architect Jeanne Gang,
The $900 million project in the Lakeshore East neighborhood would be the city’s third tallest building, located at the corner of Wacker Drive and Field Boulevard, just east of the Swissotel Chicago.
The deal with Wanda Group, owned by China’s richest man, Wang Jianlin, would be the largest real estate investment by a Chinese firm in Chicago.
The skyscraper, called Wanda Vista, would be three interlocked towers, the tallest at 1,148 feet, with the middle tower straddling Field Boulevard.
Plans called for a five-star 250-room hotel, nearly 400 condominiums, and a 9,000-square-foot retail center.