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New Life for Old Waldorf-Astoria Site in Streeterville

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After the 2008 financial crisis, many projects simply died on the vine. Some were harder to bid farewell to than others. Take the Waldorf-Astoria Hotel, which was planned for a surface lot in Streeterville bounded by Park, North Water, New, and Illinois. The breathtaking 1,265-foot, 107-story tower reminiscent of Shanghai World Financial Center would have redefined the Chicago skyline. It was ultimately cancelled back in 2009, and urban development aficionados everywhere mourned the loss. That was then. And this is now. Over at Skyscraperpage.com, spyguy has posted renderings of the latest proposal for the site. Designed by Solomon Cordwell Buenz (SCB), the boxy, glass building is in the 50-story range and may reach 600 feet. In a move uncharacteristic of most recently-built high-rises in Streeterville, parking will be located underground. Of course, the new proposal is much less ambitious than Waldorf, but it still provides a good amount density in an area desperately in need of some.
·Skyscraperpage.com [user spyguy]
·Waldorf-Astoria [Skyscraperpage.com]