Excel Format - TR Mandigo _ Company - Hotel Consulting by liuqingyan

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TR Mandigo & Company Proposed Hotel List                                      http://www.trmandigo.com
         Property Name                                Address                  Rooms Development Type
300 N. Michigan Hotel             300 North Michigan Avenue, Chicago, IL           300
Aloft Chicago Millennium Park     635 South Wabash Avenue, Chicago, IL 60605       165 Lifestyle Select-Service
Ambassador East Hotel             1301 N. State Parkway, Chicago, IL 60610         285 Boutique
Aqua Tower - Radisson Blu         225 N. Columbus Dr., Chicago, IL                 334 Modern
Blackstone Marriott               636 South Michigan Ave, Chicago, IL 60605        328 Modern Luxury, Historic Building
Blake hotel                       500 South Dearborn Street, Chicago, IL           162 Boutique
Block 37                          108 North State Street, Chicago, IL         N/A
Boutique Hotel at PO Site         540 N. Dearborn, Chicago, IL                     150 Boutique
Dana Hotel & Spa                  660 N State St, Chicago, IL 60610                216 Boutique / Chic
Edition                           150 E Ontario, Chicago, IL                       250 Boutique / Lifestyle
Edition (on La Salle)             11 S. La Salle Street, Chicago, IL               240 Luxury
Elysian                           11 East Walton, Chicago, Illinois 60611          188 Boutique
Franklin Point Hotel              W. Harrison and S. Wells, Chicago, IL       N/A
Gansevoort                        508 N. State Street, Chicago, IL                 200 Boutique / Lifestyle
Grand Imperial Hotel              2121 South Archer Avenue, Chicago, IL            170 Chinese-themed Boutique Hotel
Graves Hotel                      Ohio St. & Fairbanks Ct. W, Chicago, IL          220 Boutique / Lifestyle
Hotel Felix                       111 W Huron St, Chicago, IL 60654                225 Boutique
Hotel Palomar                     505 N. State Street, Chicago, IL                 261 Boutique
Hyatt Place                       Clark and Grand Ave., Chicago, IL                216 Upscale Business-traveler Hotel
Hyatt Regency McCormick Place 2233 S. Martin L. King Dr, Chicago, IL               600 Convention Hotel
J.W. Marriott                     208 S. La Salle St, Chicago, IL                  610 neo-Classical Boutique Hotel
La Quinta Inn & Suites            1 South Franklin, Chicago, IL 60606              241 Midscale transient
Large Hotel                       330 E. Cermak Road, Chicago, IL                 1500 Convention Hotel
Mandarin Oriental                 215 North Michigan Avenue, Chicago, IL           250 Condo Hotel
Modern (IBM Tower Hotel)          330 N. Wabash, Chicago, IL                       335
Mondrian Hotel (Cedar Hotel)      1118 N State St, Chicago, IL                     200 Boutique
Old Post Office                   W. Van Buren St and S Canal St, Chicago, IL      256
Shangri-La                        111 W Wacker Drive, Chicago, IL                  200 Luxury
Spring Hill Suites & Residence Inn410 N Dearborn St, Chicago, IL 60610             523 Midscale, Upscale, Extended Stay
Staybridge Suites                 127 Huron St, Chicago, IL                        209 Extended Stay
The Wit                           W Lake St & N State St, Chicago, IL 60601        298 Boutique / Lifestyle
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Trump International Hotel & Tower 01 North Wabash Avenue, Chicago, IL 60611        339 Trump
Union Station Hotel               210 South Canal Street, Chicago, IL              300 Hilton Brand
Uptown Lakefront Hotel            W Montrose Ave & N Clarendon Ave, Chicago IL 6061200 Unknown
Vacant Factory Hotel Conversion 465 W. Cermak, Chicago, IL                         200
Waldorf Astoria                   N Columbus Dr. and N Water St, Chicago, IL       325 Luxury / Dramatic Architecture
Willis (Sears) Tower Hotel        233 S Wacker Dr, Chicago, IL 60606               550
aloft                             N Clark St & W Illinois St, Chicago, IL          160 New Concept Upscale




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                     Last Updated:          27-Feb-11
    Neighborhood             Status        Open Date               Developer                      Viability
                     Cancelled            Unknown                                         Cancelled
Loop                 Delayed                      2011   ECD Company                      Likely
River North          Planning                     2011   NA                               Likely
Lakeshore East       Announced                  Sep-11   Magellan Development Group       Likely
South Loop           Recently Completed       6-Mar-08   Sage Hospitality                 Operational
Loop                 Recently Completed   Unknown                                         Operational
Block 37             Cancelled            Unknown                                         Cancelled
River North          Planning                     2012   Albert Friedman                  Unlikely
River North          Recently Completed       1-Sep-08   Dellisart Lodging                Operational
Streeterville        Cancelled            Unknown        Monaco Development LLC, Marriott Cancelled
Loop                 Planning                     2013    Prime Group Inc.                Unlikely
Gold Coast           Recently Completed       9-Dec-09   Elysian Worldwide LLC            Operational
Loop                 Cancelled            Unknown        Chieftain Group                  Cancelled
River North          Cancelled                    2012   Domain Development LLC           Unlikely
Chinatown            Announced                    2013   See Wong, Peter Siu              Likely
River North          Cancelled            Unknown        Draper & Kramer                  Cancelled
River North          Recently Completed     20-Mar-09                                     Operational
                                                         Oxford OBG Hospitality Investment Partners
Streeterville        Recently Completed     24-Mar-10    John Buck Co, Kimpton            Operational
River North          Announced                  Jun-11                                    Likely
McCormick Place      Delayed                      2012                                    Likely
Financial District   Recently Completed       9-Nov-10   Prime Group                      Operational
Financial District   Recently Completed      16-Apr-09                                    Operational
McCormick Place      Cancelled            Unknown        Pam Gleichman and Karl NorbergCancelled
                     Cancelled            Unknown                                         Cancelled
                                                         Mandarin Oriental Hotel Group Ltd.
                     Under Construction           2012                                    Likely
Streeterville        Cancelled            Unknown        M Development                    Cancelled
                     Cancelled                    2012                                    Cancelled
North Loop           Delayed              Unknown        Shangri-La                       Cancelled
River North          Recently Completed     27-Mar-08    White Lodging                    Operational
River North          Cancelled            Unknown        Dellisart Chicago LLC            Cancelled
Loop                 Recently Completed       4-Jun-09   ECD Company                      Operational
River North          Recently Completed       3-Dec-07   Trump Hotels                     Operational
Loop                 Cancelled            Unknown        Jones Lang LaSalle Inc.          Cancelled
Uptown               Planning                     2013                                    Unlikely
                                                         Marty Paris of Sedgwick Properties Development Corp
Near South Side      Planning                     2013                                    Unlikely
                                                         Rolando Acosta, Christine Chuning, Ray Chin
River North          Cancelled            Unknown        Fordham Co, Prime Group          Cancelled
                     Cancelled            Unknown        Owner of Sears Tower             Cancelled
River North          Announced                  Jun-12                                    Likely




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Market Position                                               Notes
                   At one point 300 North Michigan Avenue floor's 3-23rd were contemplated for hotel use, with Holliday Fenoglio
Upscale
Upper-Upscale      Ian Schrager recently announced he's received help from Syndicated Equities Corporation to purchase the Am
Upper-Upscale      Construction scheduled to begin in November 2010. Raw space allocated in the Aqua tower, suitable for app
Luxury
Upper-Upscale       Currently in Bankruptcy, candidate for potential redevelopment. Was contemplated as a Hilton "Nicky-O" at on
                    Historically, Block 37 has faced many challenges, and plans for a potential new hotel have been canceled or d
                    Zoning
Luxury or Upper-Upscale issues, financing climate, and Alderman's desire for park makes project challenging.
Upper-Upscale
Luxury / Five Star Marriott partnered with Ian Schrager for the design and development.
Luxury              Joint venture between Prime Group and Lothar Estein, president of Orlando-based Estein & Associates USA L
Luxury              Recently Opened. Formerly condominium hotel, now to operate as traditional transient lodging facility. Include
                    Site has been under consideration for a potential hotel (among other uses) by several developers. Plans have
Upper-Upscale / 4.5 Stars
Upper-Upscale
Luxury              Project Abandoned.
Upper-Upscale       Formerly the Hotel Wacker. Recently re-opened at the Hotel Felix
Upper-Upscale
Upscale
                    Plans call for a 600-room expansion for the Hyatt Regency McCormick Place.
Full Service 3.5 Stars
Four Star           Redevelopment of the old Continental and Commercial National Bank buliding. Features a very dramatic 4-sto
                    Conversion of the existing structure, the Jewish Federation Building, originally built in 1958.
Midscale limited service
                    Was originally a 3.7-acre, 21-story development with 1,500 rooms but has since been abandoned (3/11/2009).
Luxury
Luxury
Luxury              Site location is the Cedar Hotel.
Midscale/Upscale Buyer backed out of deal shortly after Chicago failed to obtain the Olympics for 2016. Property is back on the
Luxury              Has been struggling to obtain financing for some time, even when credit markets weren't frozen. Recently aba
                     Stay
Upscale / Extended270-room Residence Inn, 253-room Spring Hill Suites.
                    Construction has halted, is currently a steel frame. Will likely be picked back up at a later date but won't neces
Upscale Extended Stay
Upper-Upscale       Branded as The Wit, flagged as a Doubletree giving it access to the Hilton reservation system.
Upper-Upscale       Currently, the building is still under construction. However, the hotel has been partially open since late 07/earl
                    H
Upscale Full Service ilton brand was considered.
Unknown             The hotel is just one component of the site redevelopment which includes residential (some senior living), reta
                    The zoning application calls for converting the five-story building into a 200-room hotel, with about 120,000 squ
Luxury
Upscale
Upscale             Likely to be approximately 160 rooms.




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for hotel use, with Holliday Fenoglio marketing for investors for development of the project which also included 28,900 square feet of retail space and 2

ies Corporation to purchase the Ambassador East Hotel. The hotel will likely be renamed and remade as an upper-upscale boutique hotel assuming p
 in the Aqua tower, suitable for approximately 334 hotel rooms on 18 floors. This space is now planned to feature Radisson Blu, the United State's firs

emplated as a Hilton "Nicky-O" at one point.
 new hotel have been canceled or delayed/shelved to the best of our knowledge.



o-based Estein & Associates USA Ltd. Will have less meeting and ballroom space than the J.W. Marriott.
nal transient lodging facility. Includes spa operation and 5-star level restaurant operation.
 by several developers. Plans have since been canceled on a 150 million dollar mixed-use development at the Franklin Point site location




ding. Features a very dramatic 4-story lobby which will require extensive restoration work. Recently underwent a partial opening, with not all 610 rooms

since been abandoned (3/11/2009). CenterPoint Properties of Oak Brook is suing the developers for failing to pay back a 37.1 million loan. The locatio



s for 2016. Property is back on the market. Future use unknown, with the size and configuration of the structure making redevelopment a challenge.
arkets weren't frozen. Recently abandoned.

ck up at a later date but won't necessarily top-off as a hotel.

een partially open since late 07/early 08.

esidential (some senior living), retail, and parking.
-room hotel, with about 120,000 square feet for stores and restaurants. Would serve McCormick Place and the neighborhoods of Chinatown, and Pils




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 900 square feet of retail space and 225 residential units.

er-upscale boutique hotel assuming project moves forward.
  Radisson Blu, the United State's first Radisson upscale hotel brand. Carlson is footing half of the $125 million dollar cost due to the tight credit market




anklin Point site location




partial opening, with not all 610 rooms available just yet.

 back a 37.1 million loan. The location is the former American Book Co. building.



making redevelopment a challenge.




eighborhoods of Chinatown, and Pilsen.




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. Carlson is footing half of the $125 million dollar cost due to the tight credit market.




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