Demo permit issued to make way for revised development at 424 S. Wabash

A demolition permit has been issued to make way for a revised mixed-use development at 424 S. Wabash. Planned by DAC Developments, the midblock site is located between E. Van Buren St and E. Congress Pkwy. The property is currently occupied by a vacant parking lot and one-story brick structure. 

Designed by Pappageorge Haymes, the site will become home to a 24-story mixed-use tower with 340 hotel rooms and 4,500 square feet of retail space. Dubbed the Marriott Tribute Hotel, the hotel portion will be run by Aimbridge Hospitality, a Texas-based hotel operator.

With National Wrecking Company serving as the demolition contractor, the issuance of the demolition permit will allow for the site to be cleared in preparation for construction. Since the project complies with the site’s underlying zoning, the project has not required any city approvals to move forward. With ENC Construction & Development set to lead the new construction, the hotel is slated to open to guests in 2026.