Developers of the Edgewater Hotel will break ground on a $98 million renovation project Thursday.
The project includes constructing a new addition to the west side of the building, an outdoor stairway leading to the lakefront and a public plaza space outside the hotel, according to Ald. Bridget Maniaci, District 2. Additionally, the building will include a new coffee shop and restaurant as well as condominiums on the top floor.
Maniaci said the project is a valuable asset for the city, in particular by bringing more hotel rooms to the downtown area.
“This project is a defining feature of the downtown,” she said. “It will support the university and their efforts to have a competitive…community surrounding them.”
Developers anticipate opening the renovated building in summer 2014, Maniaci said.
The groundbreaking will take place at the Edgewater Hotel at 10 a.m. Thursday.
