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Mayor Emanuel Announces Final Agreement for $900 Million Wanda Vista Hotel and Residence

Project Will Create Over 2,500 New Jobs; $900 Million Investment is Largest-Ever by a Chinese Company in Chicago

CHICAGO–(ENEWSPF)–December 18, 2014.  Mayor Rahm Emanuel today presided over the signing of an architect agreement between Beijing-based Wanda Group and Magellan Development Group to build an 88-story mixed-use hotel, condominium and retail building at Lakeshore East on Upper Wacker Drive in Chicago. This marks one of the final steps to bringing the $900 million Wanda Vista project…

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