The walls remain curtained up, and there's a blank space where the Crofton On Wells sign once hung, but there's a few more details about what's happening to the space at 535 N. Wells St. According to a LinkedIn page (of all things), some of the members that were behind River North's Prosecco have taken over the space, promising a "boutique restaurant" with "modern continental cuisine from France, Italy and Spain." They're shooting for a late-summer opening for Marchesa and have just applied for their liquor license.
Crofton on Wells closed in 2012, and the space had remained vacant, as some previous plans for the space failed. Meanwhile, Marchesa partners Jason Clark and Kathryn Sullivan Alvera, who worked together at Prosecco, are working on a space that they say will have interiors inspired by the Peggy Guggenheim Museum in Venice. The restaurant apparently will feature a "champagne cave" on the lower level and a second-floor private dining space designed to feel like a Parisian apartment. There's also plans for a chef's table that will seat 12.
Alvera didn't immediately return a request for further details, so check back later to see if the Marchesa team can hit that late-summer opening date.