Prime/Capri Interests LLC, a joint venture of The Prime Group and Capri Investment Group, is bringing The Monroe Hotel and Club Residences to the Chicago Loop. Stantec is providing architecture and interior design services for the project, which will revitalize 740,000 square feet of space in the former BMO Harris Bank headquarters, a 24-story landmark located in the LaSalle Street Historic District.

The approximately $300-million project will include 345 apartments on its upper floors, of which 105 apartments will be set aside as affordable for tenants with income at an average of 60% of the area median. An approximately 300-key hotel will be located on the ground through 11th floors and feature a rooftop bar and swimming pool and a fine dining restaurant in the hotel lobby. Hotel guests will enter through the historic lobby, with the residential entry located adjacent to the hotel entrance.

“The Monroe Hotel and Club Residences will bring new life to a storied landmark, and Stantec is delighted to be part of this transformative project,” said Jesper Dalskov, residential market leader at Stantec. 

 Meet industry experts at the upcoming Connect Midwest: Multifamily and Adaptive Reuse Trends, which takes place June 13, 2023 at the W Chicago City Center Hotel. Click here for more information and to register.