Early in 2012, the approval process began for a much smaller mixed-use tower on the site.

[6] Had it been completed, the proposed hotel portion of the building would have been managed by The Waldorf-Astoria Collection, a Hilton Hotels Corporation brand, as part of a larger strategy of limited expansion of its legendary Manhattan name.

[1][4] The building, which would have been 107 stories,[2] was designed to salute the Chicago Spire, but not imitate it.

It had a traditional square base and taper to a scalpel shaped top.

Reschke's Prime Group is developing several other properties in Chicago including 10 E. Delaware Place and the Roanoke building.