July 7, 2016
Alvarez & Marsal Property Investments Developing Concept at 205 W. Wacker Dr.
CHICAGO (July 2016) – Chicagoans will soon have a distinctive new dining option in the heart of the city’s bustling Loop district. The yet-to-be-named food hall and market, located street level at 205 W. Wacker Dr., is slated to open in Spring 2017. The 10,500 square-foot-space is being developed by global investment firm, Alvarez & Marsal Property Investments (AMPI) and Ameritus Real Estate Investment Management, in partnership with lead consultant and industry veteran, Jonathan Fox of 3Sixty Dining Intelligence.
Uniquely located at one of the busiest gateways to the Loop, and overlooking the new Chicago Riverwalk, the concept is set to feature upscale casual food and beverage choices, a marketplace, and a full bar that will cater to busy working professionals and visitors alike.
“Chicago is renowned for its innovative dining scene. We’re thankful for the opportunity to learn from and collaborate with local culinary talent to add to this incredible landscape,” said Michael Marsal, Founding Partner, AMPI.
Jonathan Fox has developed projects for theWit Hotel, Weber Grill and many others, in addition to owning the popular River North eatery, Osteria La Madia, as well as cult-favorite donut shop, Firecakes Donuts.
“Jonathan Fox is a key local addition to our team in bringing this project to life,” said Victor Alvarez, Founding Partner, AMPI. “We have a special vision for the space at 205 West Wacker and some unique features in the works that we feel Chicagoans are really going to enjoy, come next spring.”
While more details will be announced in the coming months, Chicagoans are invited to share their ideas and theories of what will, and should, be offered in the space on Facebook, Twitter and Instagram platforms using #Devour205.
Chefs, restaurateurs and hospitality groups that are interested in learning more about the opportunity are encouraged to contact Rebecca Smith at Henson Consulting (email: email@example.com; direct: (312) 374-8537).
Additional information on the 205 West Wacker Food Hall and Market can be found at www.Devour205.com
About Alvarez & Marsal Property Investments
Alvarez & Marsal Property Investments, LLC (AMPI) is a wholly-owned investment vehicle of Alvarez & Marsal, Inc. Uniquely positioned due to its size and close relationship with Alvarez & Marsal, a leading global professional services firm, AMPI has the support of a large company with the mobility of a boutique firm benefitting from creative debt and capital financings, broad relationships, and a deep heritage of honesty and integrity.