The owners of a proposed new hotel adjacent to Wrigley Field have filed a new zoning application after scaling back their plans dramatically in response to neighborhood protests.
M&R Development now wants to build a much smaller mixed-use complex at Addison and Clark, the Sun-Times reported.
The building, named “Addison Park on Clark,” will feature a 137-room Hyatt hotel, 135 residential units, 147,000 square feet of retail space and a 403-space underground parking garage.
The plans for the new complex were presented in early 2008, when developer Steven Schultz, who owns the land just north of Wrigley Field, met with local residents, community representatives and Ald. Tom Tunney (44th).
The Lakeview alderman told the Sun-Times he considers the final plan “to be a winner,” even though adding residential units might increase traffic congestion during ball games.
Tunney has not yet signed off on the project.
“It’s become much more pedestrian-oriented,” Tunney said, speaking of the whole area surrounding Wrigley Field. “People are using mass transit. But when you’re adding parking and a large amount of retail, it’s certainly gonna be a problem during game time.”
Local
The planned hotel would represent a major relief for the estimated three million Cubs fans who annually go to Wrigley to cheer for their team.
The plan being proposed now is radically different from the original one, which included a building between 25 and 30 stories high.
