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
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
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
Market Position Notes
At one point 300 North Michigan Avenue floor's 3-23rd were contemplated for hotel use, with Holliday Fenoglio
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
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
Luxury or Upper-Upscale issues, financing climate, and Alderman's desire for park makes project challenging.
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
Luxury Project Abandoned.
Upper-Upscale Formerly the Hotel Wacker. Recently re-opened at the Hotel Felix
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 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
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
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
Upscale Likely to be approximately 160 rooms.
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
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.
. Carlson is footing half of the $125 million dollar cost due to the tight credit market.