PROJECT SIZE:
310 room, four star hotel

TO BE ACQUIRED:
August 2007 

DEVELOPMENT PLAN:
Historic landmark built in 1893 as the site for the Chicago Athletic Association, which was founded by prominent Chicagoans such as Marshall Field and A.G. Spalding, among others. This irreplaceable asset features exceptional architecture accented by a unique location overlooking Michigan Avenue, Millenium Park, and Lake Michigan.

Investment strategy calls for the renovation and conversion into a 310 room, four-star Omni hotel. 

EQUITY PARTNER:
Songy Real Estate Investment Fund II, LLC


SPL ROLE:
Owner/Developer