Hoxton will anchor hotel portion of Parcel O at Lakeshore East

Lifestyle brand Hoxton has signed on as the hotel operator for the hotel portion of Parcel O, a mixed-use development planned in Lakeshore East. Addressed at 193 N. Columbus, the development is being led by Magellan Development Group and will occupy a vacant parcel within the Lakeshore East masterplan.

Designed by bKL Architecture, the 47-story building will combine the hotel with 607 residential apartments and rise 502 feet in height. The building will also include three levels of co-working space and two retail spaces in the building, including an approximately 5,500-square-foot retail space adjacent to Upper Columbus Drive and an approximately 3,500-square-foot retail space adjacent to North Park Drive. 

With U.K.-based Hoxton parent Ennismore signed on to open the hotel with approximately 240 rooms according to CoStar, the project is one step closer to reality. For construction to actually commence, the developer will still need to secure a construction loan to finance the project. A caisson permit has already been issued that would allow Power Construction to begin work once financing is secured.