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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. High-end condos make up the rest of the building. The new owners restored the building's name to the Palmolive Building. The business address ...
The Virgin Hotels Chicago (formerly Old Dearborn Bank Building or 203 North Wabash Avenue) is a historic building in the Loop community area of Chicago, Illinois, that has been converted from use as an office building to use as a hotel run via a mobile app-based business model.
A revised 90-story, 1,125 feet (342.9 m) plan was unveiled in September 2003 for a building including condominiums, office space, a "condominium hotel", retail stores, and restaurants. [89] [90] In January 2004, another revision changed floors 17 through 26 from offices into condominiums and hotel rooms. [91]
The hotel remained one of the city's most important until the 1950s, when large hotels became less popular nationally. In 1957, Southern Illinois University began renting office space in the building, as it had recently opened a satellite campus in East St. Louis; the university purchased the hotel outright in the 1970s.
American Hotel was founded in 1865 as a publisher of hotel travel directories and railroad maps. It was incorporated in 1896 with its current name as a manufacturer of its patented hotel registers. Around the turn of the century it was acquired by Thomas F. Leahy. His son, James F. Leahy Sr. took over after his death in 1932.
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Hotels.com was established in 1991 by David Litman and Robert Diener as the Hotel Reservations Network (HRN), providing hotel booking via a toll-free phone number in the United States. [2] In 2001, the company was acquired by USA Networks Inc (USAI) which also acquired a controlling interest in Expedia, an online travel booking company.
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