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CHICAGO-Milwaukee-based Marcus Corp. has given a name, as well as a flag, for its 226-room hotel at 630 N. Rush St. The company’s first property Downtown, expected to open next month, will be Four Points by Sheraton Chicago Downtown.

Marcus Corp. had originally planned to open a Baymont Inn & Suites on the River North site, formerly a Sports Authority outlet on the north side of Ontario Street between Rush Street and Wabash Avenue across the street from a Lenox Suites hotel. Plans for the hotel, being built for about $40 million, changed last summer when the company sold its 17,000-room limited-service hotel division to LaQuinta Corp. for $415 million.

“Chicago is a dynamic and growing market that was a top priority for Marcus Hotels & Resorts as we continue to expand our portfolio of distinctive properties,” says Marcus Hotels & Resorts president and chief operating officer Bill Otto. “We believe there is a need in the market for a boutique-like hotel that offers the amenities that appeal to today’s travelers in a warm and friendly atmosphere.”

Four Points by Sheraton caters to the mid-price business and leisure market. The Downtown hotel will include meeting space as well as three restaurants.

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