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THE BIOGRAPHY OF CHICAGOS MARINA CITY
Written by Steven Dahlman
New use for the skating rink A 15-year retail lease for approximately 21,543 square feet of space was signed on July 31, 1997 by Marina City Hotel Enterprises, LLC, and S&W Chicago, LLC. Smith & Wollensky could open as a steakhouse or a seafood restaurant named The Manhattan Ocean Club but it could not have an Italian themed menu. The first years rent would be $428,060, increasing to $621,947 after ten years. There was no security deposit. With 13 restaurants nationwide, The Smith & Wollensky Restaurant Group claims it is the largest-grossing à la carte restaurant in the U.S. The company was founded in 1977 by Alan Stillman, who years earlier had borrowed $5,000 from his mother to start the first T.G.I. Fridays in Manhattan.
They gave us that ugly monstrosity there, said Honda, which is an absolute disgrace on that site. |
| Last updated 30-Mar-12 |
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