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The building was designated a Chicago Landmark in 2000, [4] and it was added to the federal National Register of Historic Places in 2003. In 2001, the building was sold to developer Draper and Kramer who, with Booth Hansen Architects, converted it to residential use, with the first two floors dedicated to upscale office and retail space.
Host Hotels & Resorts, Inc. is an American real estate investment trust that invests in hotels. As of December 31, 2023, the company owned 77 upscale hotels containing approximately 42,000 rooms in the United States , Brazil , and Canada . [ 1 ]
Harrison Street Real Estate Capital, which uses the trade name Harrison Street, is a real estate investment firm headquartered in Chicago, Illinois. The firm is currently the alternative real assets arm of Colliers International. In 2024, Harrison Street ranks as one of the top five owners in senior housing in the U.S. [2]
Tishman Hotel & Realty LP (THR) is a subsidiary that focuses primarily on large, complex properties with a long-term ownership strategy. THR comprises a diversified staff of experienced real estate, financial and hotel management specialists, and complemented by a technical staff of architects, engineers, and construction management professionals.
Chicago Tribune's Pulitzer Prize-winning architecture critic, Blair Kamin, praised the incorporation of various wildlife into the decor and numerous elements of the rehab resulting from the alliance of real estate developers and historic preservationists, but made it clear that Virgin Hotels Chicago is not the Four Seasons Hotel Chicago or Ritz ...
According to the "2010 City Guide: Chicago" edition of the Forbes Travel Guide, the building hosts one of the seven four-star restaurants in the city and one of the three four-star spas. The hotel is one of two four star hotels. In 2010, Chicago had two five-star hotels and two five-star restaurants. [40]
The Virgin Hotel Chicago, which was the company's first property. In October 2011 Virgin Hotels bought the 27-story Old Dearborn Bank Building in the Loop area of Chicago for $14.8 million from Urban Street Group LLC. [3] On January 15, 2015 the first Virgin Hotel opened. [4]
The St. Regis Chicago, a condominium/hotel combination that is now the third tallest building in Chicago, began construction in August 2016 and was completed in 2020. [ 27 ] Lakeshore East is a venture of Magellan Development Group LLC, a recently formed corporate partnership culminating a long-term collaboration between Magellan Development ...
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