CHICAGO HOTEL SUPPLY & DEVELOPMENT

Hotel within 5 miles of mick

Chicago Hotels within 5 Miles of McCormick Place
http://www.choosechicago.com/articles/view/Current-Chicago-Hotel-Supply-/73/

Chicago is a global destination with world-class accommodations. Our ever expanding hotel industry can be hard to keep up with, so here’s a list of recent and future openings.

2013

Hyatt Regency McCormick Place – Spring 2013
Phase two of the hotel’s multi-million dollar expansion project is expected to be completed by summer of 2013. The project includes a complete renovation of its 800-guest room tower, expanded seating for the hotel’s restaurant and the construction of a second private dining room. Phase one, which began in December of 2011, included the construction of a 460-room tower that is expected to be completed in the summer of 2013. Phase three of the property expansion, which was completed in June 2013, focused on the hotel lobby, the renovation of the 25,000 square foot Hyatt Conference Center, the addition of 3 new boardrooms, and a new business center.

Hyatt Regency Chicago – Spring 2013
Culminating in April 2013, the hotel will announce the final phase of its complete hotel transformation. Hyatt Regency Chicago has dedicated $168 million to enhancing all aspects of our guest experience, including state-of-the-art rooms, meetings spaces and outlets. The renovation also includes a reimagining of the property’s in-house restaurant, Stetsons Modern Steak + Sushi.

Fairmont Chicago, Millennium Park – Summer 2013
The Fairmont Chicago, Millennium Park, 200 North Columbus Drive, debuts a $2.5 million renovation of the hotel’s 63,000 square feet of meeting space, which now includes 15 meeting rooms ranging from 400 to 16,000 square feet. This project is the culmination of a more than $60 million lobby-to-roof renovation of the entire hotel.

Thompson Chicago – October 2013
On October 1, 2013, the Thompson Chicago will open the doors on a 247 room hotel that includes 12,225 square feet of meeting and pre-function space. Scheduled to open in December 2013 is an on-site restaurant, NICO, as well as an accompanying lounge, NICO Salone.

Langham Chicago Hotel – 2013
The landmark, riverfront Mies van der Rohe building has been transformed into a hospitality haven, with 316 spacious guest rooms; the 9,000 square-foot Chuan Spa; and dining bound to rival Langham brand’s other Michelin Award-winning restaurants. The hotel also provides some of the city’s largest standard guest rooms starting at 516 square-feet, a Mediterranean-influenced restaurant and lounge (Travelle), as well as 15,000 square-feet of meeting and banquet space.

Fairfield Inn & Suites Chicago Downtown – 2013
The nineteen story, 180 room hotel is slated to open in June of ’13. Located in Chicago’s famed River North area, guests will be a short walk away from shopping on The Magnificent Mile and the always energetic nightlife of Hubbard Street.

Hyatt Place Chicago Downtown River North – 2013
Currently under construction, the 212 room hotel is scheduled to open in June of 2013 on Chicago’s bustling and nightlife-heavy Hubbard Street.

Virgin Hotel Chicago – Late 2013 / Early 2014
Eccentric billionaire and founder of Virgin Airlines, Sir Richard Branson, is bringing his new lifestyle brand to Chicago. Virgin Hotels will open a new location in the historic Dearborn Bank Building in the Loop. Specifics on design and amenities have been mum for now, but expect a stylish and elegant establishment fitting of its River North location. Construction began in May on the 250 room hotel, with a projected date of completion in Fall 2013.

Renaissance North Shore Hotel – 2013
Renaissance’s 22,000 square feet of meeting space will be the first to benefit from a $7.5 million total revamp of the North Shore hotel. The Northbrook Ballroom and the Greenery, which boasts floor-to-ceiling windows, and a deck, will receive complete makeovers, giving the hotel a more modern and welcoming feel. Renovations of guest rooms will top off the overhaul.

Aloft Chicago City Center – June 2013
Business meets style at Clark and Illinois streets, where the modern, chic, 272-room hotel will offer delegates the convenient combination of work and play. With free Wi-Fi, plug-and-play connectivity centers in rooms and a state-of-the-art meeting space, guests will enjoy the best of both worlds with the latest business amenities and the swanky hotel bar.

2014

Hotel Indigo – Spring 2014
U.K.-based InterContinental Hotel Groups PLC announced that it will manage a 145-room hotel in a long-vacant Michigan Avenue building just north of Millennium Park. The century old building will be gutted and refurbished to accommodate a state-of-the-art accommodation space, rooftop bar and 8000 square-foot, multilevel restaurant.

The Godfrey Hotel Chicago – 2014
Located adjacent to the Hotel Felix in Chicago’s River North neighborhood, this 16-story upscale boutique will feature stunning architecture and a stylish overall interior. The space comes complete with over 220 rooms, 24-hour fitness center and a 12,000 square-foot rooftop bar and lounge.

SOHO House Hotel – 2014
After spending years in the rumor mill, it’s official. SOHO House is coming to Chicago! The six story private club and hotel will include a full-sized pool, rooftop bar, and three open to the public restaurants.

2015

Loews Hotels & Resorts
Set to open in January 2015, this 52-story tower will feature 390 luxury apartments, 400 guestrooms and 25,000 square feet of meeting space. The property, which will be located a block north of the Chicago River and two blocks east of Michigan Avenue, will also boast a restaurant, fitness center and the ever popular rooftop pool and terrace combination.

2016

McCormick Place Headquarters Hotel – 2016
The Metropolitan Pier and Exposition Authority announce the building of 1200 room headquarters hotel adjacent to McCormick Place. The hotel’s size, facilities and location will allow conventions and meetings to use a single property near McCormick Place as their headquarters, which will be located at the intersection of Michigan and Prairie Avenue. The new headquarters hotel is projected to attract approximately 15 new mid-market events per year to McCormick Place, generating roughly 80,000 additional attendees. The number of hotel rooms within walking distance from the convention center will be doubled.
http://www.choosechicago.com/articles/view/Hotels/262/?fmid=1751

Chicago Hotel Supply&Demand outlook

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