Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO- The board of directors of the Metropolitan Pier and Exposition Authority on Friday voted to have Marriott International Inc. operate its planned 1,200-room convention hotel here.

The board approved a 10-year hotel operations contract for the planned facility that is expected to open in late 2016 adjacent to the West Building, according to the Chicago Tribune. The new hotel will be operated as a Marriott Marquis. The net value of the agreement is $13.6 million, according to a McPier spokesman.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.