The hotel and business plans were unveiled for where the iconic Purple Hotel once sat in Lincolnwood.
North Capital Group LLC unveiled the proposal last night for the center called The Shoppes at Lincoln Pointe.
It calls for a hotel, a residential building, a grocery store, restaurant and office space, and a health club.
The project will cost up to $130 million dollars.
Construction is expected to begin next summer.
The Purple Hotel opened in 1963 and was met the wrecking ball last month.
It has a storied past, from hosting various celebrities, to a deadly mob hit in its parking lot.