Trump Tower To Open Hotel at End of Month

CHICAGO-Trump International Hotel & Tower will open its hotel portion on Jan. 30 at 401 N. Wabash Ave., according to a recent statement by the New York City-based Trump Organization. The tower will have 2.7 million sf of hotel and condo space, with approximately 100,000 sf of retail. The hotel in the 92-story building will have 286 hotel suites with one, two or three bedrooms.

There will also be 53 “spa guestrooms,” which will open later this year along with the Spa at Trump, according to the statement. Sixteen, a restaurant headed by Chef Frank Bruancci, will open for breakfast on Jan. 30 and will open for lunch and dinner beginning Feb. 6. Rebar, the hotel’s lounge, is scheduled to open by the end of February, according to the released statement.

The cost of the 92-story tower is “approaching $1 billion,” Eric Trump told GlobeSt.com in a previous interview. A representative for Trump Tower did not respond to a request for an interview.

The tower will also have 486 condominium residences. In October, the hotel units were about 78% sold and about 80% of the residential units was sold. The 100,000 sf of retail space includes the Rebar Lounge, Sixteen restaurant and the Spa at Trump with approximately 80,000 sf to 85,000 sf of retail space available to lease on the tower’s mezzanine, lobby, terrace and riverwalk levels. As of October, none of the retail space had been leased in the tower. The retailers will likely include a high-end grocer, sushi bar, high end coffee shop, a high end jeweler and designer apparel, Eric Trump said in October. The development will also have a 1.2-acre Riverfront Park and Riverwalk, which will draw tourists and local residents to the tower and retail, said Trump officials.