Kimpton Hotels and Restaurants is close to finalizing a deal that would place a flagship hotel in 15 floors of Chicago's new 82-story Aqua skyscraper. Strategic Hotels & Resorts had been planning to open a hotel in the building, but backed away October 2008 when the credit crunch hit. Strategic forfeited US$28 million by abandoning the project, and those funds could mean a lower real estate purchase price for Kimpton...more