Crain’s Headlines: 25 Chicago Restaurants Get Michelin Stars

Michelin, the global fine dining guide, granted its prestigious star awards Thursday to a swath of Chicago restaurants, this year bestowing the honor on 25 local venues. That’s up from 22 last year.

Among the honored local restaurants in the 10th annual edition of the guide, five are newcomers to the scene. Restaurants earning one star include Topolobampo in River North, Parachute in Avondale and a handful of Japanese omakase restaurants in the West Loop.

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Three restaurants earned two stars. But only one Chicago establishment gained the coveted three-star rating: Alinea, the Lincoln Park spot run by Grant Achatz and Nick Kokonas.

In other local business news:

A luxury Fulton Market District hotel backed by actor Robert DeNiro is mired in legal drama a few months before its scheduled debut.

In a federal fraud and breach-of-contract lawsuit, a venture controlled by luxury hotel company RCD Resorts accuses Chicago’s Centaur Construction of embezzling money for the Nobu Hotel & Restaurant project on West Randolph Street and failing to finish the job despite being paid for the work.

The developers have hired another general contractor to complete the project. It was originally scheduled to open in July but is now delayed to January at the earliest, according to the complaint.

And Matter, the health tech startup incubator headquartered at the Merchandise Mart, is opening an innovation center in New York.

The expansion will “create East Coast opportunities for Chicago-based companies and help New York companies enter the Midwest.” Matter launched in 2015 with just 30 startup companies. It now includes more than 200 health care-related startups globally.

Crain’s Headlines is a joint production between WTTW and Crain’s Chicago Business. It airs every Monday through Thursday on the WTTW News program “Chicago Tonight.” 

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