Is it time to make more beds in The Loop?

Back in August, a soil sampling rig burrowed into the asphalt parking lot at 180 West Randolph. Not one to speculate, I still rampantly speculated that something could well be in the near future for the site.

This morning, Crain’s Chicago is reporting that the lot has been sold to Quadram Global, already known in Chicago for the Godfrey Hotel and Essex Inn. This guarantees the possibility that maybe a new hotel might be tentatively planned for The Loop (was that undefinitive enough?) directly across the street from the Kimpton Hotel Allegro. Time will surely tell.