About how much did the completed Loews Hotel Tower at 455 North Park Drive cost to construct?
Loews Hotel Tower at 455 North Park Drive is a completed mixed-use building in Chicago's Streeterville neighborhood, containing a 400-room Loews hotel and rental apartments. It replaced a much taller Waldorf-Astoria proposal that was never built. Chicago YIMBY and A View On Cities each report approximately USD 200 million for construction of the completed tower; the unrealized predecessor had a different USD 610 million proposal budget. The Loews hotel opened on 2 March 2015.
Reported project cost
$200 million
Cost basis: 2015
The short answer
$200 million
Chicago YIMBY and A View On Cities report approximately USD 200 million to construct the completed 455 North Park Drive mixed-use tower in Chicago.
Cost evidence
Basis of the published figure
What the number includes
Cost scope
The amount is for the completed Loews hotel-and-apartment tower, not the cancelled 107-story Waldorf-Astoria proposal for this site or Loews' purchase of the hotel component.
Project metrics
Key dimensions
- HeightThe Skyscraper Center (CTBUH)
- 173.4 m
Project record
Opened or launched
DNAinfo Chicago2 March 2015
Project context
About Loews Hotel Tower
The 455 North Park Drive tower replaced an unbuilt supertall plan. DNAinfo reported that the 400-room Loews Chicago Hotel opened within the finished tower on 2 March 2015.
Reading the data
How to interpret the figure
Two professional building publications report the approximate construction amount for the completed tower. The figure is rounded historical USD, not an independently audited project final account.