RIVER NORTH HOTEL
PG Development in well underway with its plans to develop a 17-story, high-end hotel in River North. The site for the development is on the Northwest corner of Lasalle Street and Hubbard Street. The hotel design features 193 rooms, a rooftop pool and lounge and a street level restaurant.
RIVER NORTH OFFICE
PG Development is currently in the early stages of municipal approval of a new, Class A office building in Chicago. The site of the development is centrally located in the River North submarket of Chicago’s Central Business District. River North is one of the strongest submarkets for Class A office, with the highest asking rents and lowest vacancy rates among all submarkets in the Chicago CBD. Once completed (estimated to be Fall 2019) the development will feature over 390,000 square feet, which will include Office, Ground Floor Retail, and an onsite Automated Parking System.
PG Development is active in various sectors including retail, multi-family, industrial, residential, hospitality and special use. PG Development is also uniquely skilled in the implementation of distressed adaptive re-use, energy and brownfield development. With billions of dollars in transaction experience, the PG Development team is prepared for any real estate complexity.