The Cedar Hotel site is being redeveloped by Convexity Properties. The 18-story building will be located at 1118 N. State Street in the heart of the Gold Coast. Viceroy Hotel Group will operate the 180-room hotel. Plans include preserving the four-story brick and terra cotta façade of the original hotel.
Atira Hotels has teamed with Loyola University to develop a six-story Hampton Inn hotel at 1209 W. Albion Avenue. The 145-room hotel will be built near the CTA’s Red Line Loyola station with 10,000 sf of retail space on the first floor. Project completion is summer 2016.
Power will also begin construction on a hotel in Chicago at 311 N. Morgan in the Fulton Market district. This hotel will be located in a transitional neighborhood, a little outside of the main strip. Sterling Bay is the developer. Power recently completed Soho House in the same neighborhood and we’re looking forward to this next endeavor.