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dual-branded hotel is poised to break ground in River North this summer, situated near the forthcoming Oracle campus. The site, a 0.41-acre plot at 611 Cowan St., has been acquired by Nexera Capital and Emerge Hospitality Group for $7 million.
In April 2023, the Post reported on the deal, which marked a significant milestone in the development of this prime River North location. As the area continues to transform with new businesses and infrastructure, this hotel project is poised to capitalize on its proximity to Oracle's future campus.
The site's unique blend of urban grit and natural beauty will be showcased through the hotel's design, which promises to bring a fresh perspective to the River North neighborhood. With its prime location and innovative approach, this dual-branded hotel is set to become a standout destination in the area.
