THERE IT IS! The Nobu Hotel has a tower-crane stub.

The biggest day in the history of the northeast corner of the intersection of Randolph and Peoria Streets on Restaurant Row in the West Loop has finally arrived.

13 months after breaking ground, nine months after receiving a tower-crane permit from the City of Chicago, one month after having that permit revised, and two weeks after having that revised permit revised yet again to relocate the tower-crane pad and caissons, the Nobu Hotel Chicago at long last has planted a tower crane.

And while there’s still a substantial amount of foundation digging to be done, the arrival of the tower crane signals a major step upward for the boutique hotel. With all the development ongoing in this part of the city, overnight accommodations had been sorely lacking, and Nobu’s 11-story, 119-room hotel will help fill that void. But first, it will have to fill the void left by all that foundation digging. Slow as it’s been getting started, Nobu still plans to have its first Chicago hotel open in 2018. Centaur Construction will do their best to reach that goal. (Nobu marks Centaur’s first tower crane on the official tower-crane count.)