IRHM, Your Global Window into Real Estate and Hospitality

April 3, 2026

Restaurant

A new 25-storey mixed-use development is set to rise in Chicago's Loop following the selection of the ACōDA project by city officials. Led by DL3 Realty, the $162.2 million tower at 331-35 S. Plymouth Court will provide 300 homes, with 20% reserved for affordable housing. Mayor Brandon Johnson hailed the scheme as a vital step in tackling the city's housing shortage while providing residents with better access to transit and jobs.
A new community destination named BAY360 is coming to Jumeirah Lakes Towers, featuring a flagship Spinneys supermarket and a variety of waterfront dining options. Developed by DMCC and Sweid & Sweid, the project aims to improve the liveability of the district through better pedestrian access and modern lifestyle amenities. Scheduled for completion in 2027, the hub will occupy part of Lake D and include essential medical services and rooftop sports facilities.
IHG Hotels & Resorts has announced the signing of InterContinental Prague, bringing the iconic luxury brand back to the Czech capital. The 137-key property, set to open in the first half of 2029, is a partnership with Generali Real Estate and involves the extensive transformation of a historic building in Prague’s Old Town dating back to 1839. This key signing strengthens IHG’s luxury portfolio in Central and Eastern Europe.
Premium-casual Canadian restaurant chain Moxies is officially opening its first Washington D.C. location on December 9, at 1111 20th St. NW, near Dupont Circle. The new flagship venue, spanning over 8,000 square feet, will serve its signature menu of globally inspired dishes. The D.C. franchise is led by former Executive Chef Brandon Thordarson, who stated the Dupont Circle area is the "perfect place" for the brand's sophisticated and social atmosphere.

In Focus

Latest