Located just across the water from the immensely popular Chicago Riverwalk, the office tower at 321 N. Clark Street is preparing for a waterside upgrade of its own. The glassy 1980s-era building hopes to capitalize on its river frontage with a pair of two new restaurants that will span 35,000 square feet across four levels.
Designed by local architect Goettsch Partners, the $50 million project will create multiple outdoor dining spaces including a new mezzanine south of the building’s existing lobby. The Rockwell Group, which also worked on Streeterville’s Hotel EMC2, will handle the interior spaces. Property owner Hines Interests is looking to add a new office tenant lounge, lobby, and upgraded fitness center during the renovation, reports the Chicago Tribune.
The new restaurant complex comes from Chicago-based Lettuce Entertain You Enterprises and includes a new eatery dubbed ‘RPM On The Water,’ a 300-person private event space, and a yet-to-be named casual dining spot in the former Bridge House Tavern space. Guests will be able to access the new restaurants via the street, building lobby, and even moored watercraft.
On the Water will be River North’s third RPM-branded restaurant. According to Eater Chicago, the name not only reflects its riverfront location but also its seafood-focused menu. The RPM brand was started by Bill and Giuliana Rancic—the same celebrity couple who recently listed their Gold Coast mansion for $6.8 million.
Slated for a summer 2019 opening, the overhaul of 321 N. Clark Street will join a number of downtown developments catalyzed by the growing popularity of the Chicago River. Notable nearby projects include the supertall Vista Tower, a trio of skyscrapers at Wolf Point, and a Bank of America-anchored office tower at 110 N. Wacker.