Jacobs has inked a ten-year lease on the 2,700-sq.-ft. space, which will be located in the development's Beaux Arts-style retail courtyard. The designer already has a boutique for his bridge line, Marc by Marc Jacobs, in the Windy City.
The 60-story edifice designed by architect Lucien Lagrange, is being billed as "a throwback to the grand hotels of the 1920's with the modern conveniences of today." It features 188 guest suites starting at $600,000, 51 private residences which start at $3 million, and a restaurant by famed chef Charlie Trotter.
Gallery: Elysian Chicago & Marc Jacobs