Marriott International Signs Agreement With Magellan Development Group To Debut The St. Regis Brand At Chicago's Iconic Vista Tower

Project is expected to feature 191 hotel rooms, 393 residences, amenities and breathtaking views of the Chicago River from 101-story luxury tower

Marriott International, Inc. (NASDAQ: MAR) today announced it has signed an agreement with Magellan Development Group to introduce its iconic St. Regis Hotels & Resorts brand to Chicago. The project is anticipated to include 191 hotel rooms – including 33 spacious suites – and 393 branded residences within the 101-story building. Previously under construction as the luxury Wanda Vista Hotel and Vista Tower, the property is being rebranded as the St. Regis Chicago and the Residences at the St. Regis Chicago. Expected to welcome its first residents in December 2020 and hotel guests by July 2021, the project will serve as a key property in the neighborhood given its unique architecture and ultra-luxury experience.

“The St. Regis Chicago will mark the start of an exciting new era by bringing an unsurpassed luxury lifestyle to one of the city’s most desirable neighborhoods, Lakeshore East,” said Timothy Grisius, Global Real Estate Officer, Marriott International. “We are pleased Magellan Development Group has chosen to introduce the St. Regis brand to this vibrant community in the heart of Chicago.”

Located downtown, The St. Regis Chicago will span a total of three towers within the sought-after Lakeshore East community. The vibrant area includes a mix of residential and corporate properties, all centrally anchored by a public park. The project offers expansive views and exposures overlooking over the Chicago River to the north, Lake Michigan to the east, Millennial and Grant Parks to the south and the Loop skyline to the west.

“We are thrilled to collaborate with Marriott International on this iconic project,” said David Carlins, CEO, Magellan Development Group. “The St. Regis brand offers the best in class luxury services and amenities and we are confident it will deliver an exquisite experience for Chicago’s residents and visitors.”

The St. Regis Chicago will provide several signature dining options from the city’s Michelin star rated Alinea Group, including a restaurant overlooking the Chicago River. The hotel is expected to offer more than 7,670 square feet of meeting space, including a 5,000 square foot ballroom for business events and special celebrations along with a fitness center, full-service spa, swimming pool and outdoor pool terrace.

The Residences at The St. Regis Chicago will bring both prestige and hotel-like amenities offering an unparalleled lifestyle at city’s “best address.” Owners will have a dedicated residence entrance with premium services, such as an exclusive amenity space featuring an outdoor pool, lounge, fitness center, private dining room, wine tasting room, theater, golf simulator, children’s play area and exhibition kitchen.

About Marriott International
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of more than 7,500 properties under 30 leading brands spanning 132 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy™, its highly-awarded travel program. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebookand @MarriottIntl on Twitter and Instagram.

About St. Regis Hotels & Resorts
Combining classic sophistication with a modern sensibility, St. Regis Hotels & Resorts, part of Marriott International, Inc., is committed to delivering exceptional experiences at 45 luxury hotels and resorts in the best addresses around the world. Since the opening of the first St. Regis hotel in New York City over a century ago by John Jacob Astor IV, the brand has remained committed to an uncompromising level of bespoke and anticipatory service for all of its guests, delivered flawlessly by signature St. Regis Butler Service. For more information and new openings, visit stregis.com or follow Twitter, Instagram and Facebook. St. Regis is proud to participate in Marriott Bonvoy, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including free nights and Elite status recognition. To enroll for free or for more information about the program, visit MarriottBonvoy.marriott.com.