New 23-Story Marriott Tribute Hotel Coming to South Loop's Wabash Avenue

By Socialhood News · Il/Chicago/South Loop · November 29, 2025

South Loop residents will soon have an exciting new destination to recommend to visiting friends and family. A foundation permit has been issued for a new Marriott Tribute Hotel at 424 S. Wabash Avenue, as reported by Urbanize Chicago on November 26, 2025.

The impressive 23-story development will bring 340 hotel rooms to the neighborhood, adding to South Loop's growing reputation as a hospitality hub. The project represents another significant investment in the area, which continues to see strong development activity despite economic challenges elsewhere.

The new hotel will join other recent South Loop developments, including the Straits Row Apartments that began welcoming residents this month and the ambitious mixed-use projects underway at Riverline. South Loop neighbors interested in tracking construction progress can watch for the structure to begin rising in the coming months, with updates likely to be shared through community meetings organized by South Loop Neighbors, the area's non-profit membership-based organization dedicated to enhancing neighborhood quality of life.

Sources:
1. https://chicago.urbanize.city/
2. https://www.southloopneighbors.org/
3. https://chicago.urbanize.city/neighborhood/south-loop