Close User Name Password
Hotel stories straight to your inbox:

Tags: / / / / /

Edition Chicago Back On?

May 14, 2009 at 9:46 AM | by Jenna | 2 Comments

Edition lives! Well, more accurately: the lovechild of Ian Schrager and Bill Marriott is reportedly on the way — but there's no due date or sonogram shots to prove it.

After plans fell through for The Edition Chicago for Ontario Street in Chi-town, we kinda ditched the possibility of an Edition Chicago and kept a closer watch on other cities — but now it seems Chicago's back on the ol' Edition development map.

Thanks to an awesome tipster, we caught wind of this Crain's report:

Developer Michael Reschke is doubling down on hotels in the Loop. Mr. Reschke is close to a deal to bring a high-end boutique hotel that could have as many as 245 rooms to the historic Roanoke Building at 11 S. LaSalle St., sources say.

The new hotel, an Edition, would compete with a project Mr. Reschke has under way just two blocks south at 208 S. LaSalle, where the chairman and CEO of Chicago-based Prime Group Inc. is developing a 610-room J. W. Marriott hotel.

And one more little piece of hot gossip, too: this same developer is reportedly proposing another luxe boutique hotel in the Windy City, a 237-room Hotel Gansevoort "at 508 N. State St., currently a surface parking lot just south of Rock Bottom Brewery."

A swanky boutique-luxe tag team like this would be nice, but is all this really possible right now? Meh, surely the Edition and Gansevoort people are just thanking their lucky stars they're not Denizen.

[Photo: CoStar Group Inc. via Chicago Real Estate Daily]

2 Comments

Post a Comment
  1. HighOccupancy

    HotelChatter Member

    Good idea

    Despite these difficult times, this is a great idea. Chicago has a dearth of "boutique-style" hotels. Compared with other large US cities (NYC, LA, Miami), Chi-town seems to be filled with only boring old flagged-properties. It's about time a Gansevoort swooped in an saved these plain-vanilla midwesterners from mediocrity.
    May 14, 2009 at 10:57 AM
  1. bangerang

    HotelChatter Member

    yeah...

    but thats a terrible location. 3 hotels on la salle? iffy.
    May 14, 2009 at 2:35 PM

Leave a Comment

Not yet a member? Click here to become a member.

Already a member? Log in below:

Comment with your Facebook account.