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Navy Pier Plans $155M Expansion, Hotel

CHICAGO-The state’s most visited tourist attraction has taken on a new managing firm and plans to add a boutique hotel, expanded entertainment and upgraded public areas.

By Robert Carr | Updated on July 01, 2011

CHICAGO-Navy Pier, the most popular tourist attraction in Illinois that almost nine million people visited in 2010, is not world-class enough. So says Navy Pier Inc., the non-profit firm that took over the management of the downtown center, with plans to start a $155 million upgrade plan, as well as a boutique hotel.

The new non-profit was created to advocate and manage the attraction for the owner, the Metropolitan Pier and Exposition Authority. A board of civic leaders leads Navy Pier Inc., which has taken on the mission of improving the 50-acre site by 2016, its 100-year birthday.

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