ML - Michigan Avenue

Michigan Avenue - 2016 - Issue 6 - Winter - Dwyane Wade

Michigan Avenue - Niche Media - Michigan Avenue magazine is a luxury lifestyle magazine centered around Chicago’s finest people, events, fashion, health & beauty, fine dining & more!

Issue link:

Contents of this Issue


Page 148 of 179

HISTORY IN THE (RE) MAKING THREE OF THE CITY'S MOST LUXURIOUS HOTELS ARE PUTTING LANDMARK BUILDINGS TO CHIC NEW USE. BY LISA SKOLNIK The adage "waste not, want not" is particularly relevant in the building industry these days, where it is inspiring developers to deliver adaptive reuse projects that are not only practical and profitable but setting new stan- dards for sustainability, design and luxury in the hospitality industry. Three Chicago office buildings that have recently been turned into luxury hotels—LondonHouse Chicago, The Kimpton Gray Hotel, and The Langham, Chicago—prove the point. In an era when newly built hotels are often generic, these projects are intriguing and unique by virtue of their bones alone. All were born of architecturally significant edifices with landmark status and are undeniably better with age thanks to impressive, astutely executed overhauls. They owe their success to the foresight and acumen of their development and design teams— as well as the generous tax credits landmark status affords. "It's a smart strategy for real estate developers," explains John Rutledge, president and CEO of Oxford Capital Group and developer of more than a dozen national adaptive reuse projects, including LondonHouse Chicago and The Langham Chicago. PHOTOGRAPHY BY NATHAN KIRKMAN FOR SIMEONE DEARY With sleek public spaces like LH on 21 and the Library, LondonHouse Chicago has given stylish new life to the historic riverside London Guarantee building. MICHIGANAVEMAG.COM 147 SPACE REAL ESTATE & DESIGN

Articles in this issue

Links on this page

Archives of this issue

view archives of ML - Michigan Avenue - Michigan Avenue - 2016 - Issue 6 - Winter - Dwyane Wade