New Luxury LGBTQ+ Hotel Planned for Chicago's Northalsted

Why it matters

- The proposed five-story, 21-room hotel will be located at 3350-3352 N. Halsted St., the former site of the D.S. Tequila bar, which Tryst acquired in 2024. Plans include a restaurant, a nightclub, and a fully enclosed rooftop pool and bar designed to minimize noise and be used year-round. - An entity led by Tryst founder Tristan Schukraft purchased the property for $3.1 million, and the project now requires a zoning change from the City Council to move forward. The company has begun the community review process with neighborhood groups and 44th Ward Alderman Bennett Lawson. - This is the second boutique hotel development planned for the immediate area, joining the Backbeat Hotel, a 50-room project at 3255 N. Halsted St. That project, approved by the City Council in 2023, is slated to open in 2028. - Tristan Schukraft, Tryst Hospitality's founder, also founded Mistr, a telehealth platform for HIV prevention which operates a clinic just blocks away from the proposed hotel site. His expanding portfolio of LGBTQ-focused businesses includes the iconic Abbey bar in West Hollywood and 75% of the commercial district in Fire Island Pines. - The Chicago hotel is part of a global expansion for the Tryst brand, which aims to establish luxury hotels in top LGBTQ+ destinations. The company has existing locations in Puerto Vallarta and San Juan, with others planned for Fire Island, Provincetown, and Rio de Janeiro. - The development aligns with a larger trend in Chicago's hospitality market, which has seen growing demand for boutique and lifestyle hotels. Overall hotel performance in the city remains strong, with Chicago setting a record for hotel bookings last year at 11.9 million nightly stays. - The project's architecture and design are being led by the Chicago-based firm NEWLOOK

Key numbers

• - The proposed five-story, 21-room hotel will be located at 3350-3352 N.
• Tequila bar, which Tryst acquired in 2024.
• An entity led by Tryst founder Tristan Schukraft purchased the property for $3.1 million, and the project now requires a zoning change from the City Council to move forward.
• The company has begun the community review process with neighborhood groups and 44th Ward Alderman Bennett Lawson.

What happens next

• The proposed five-story, 21-room hotel will be located at 3350-3352 N.
• Plans include a restaurant, a nightclub, and a fully enclosed rooftop pool and bar designed to minimize noise and be used year-round.
• The Chicago hotel is part of a global expansion for the Tryst brand, which aims to establish luxury hotels in top LGBTQ+ destinations.

Sources

• has announced
• Halsted St.
• An entity led by Tryst
• Tristan Schukraft,
• The Chicago hotel is
• The development aligns

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