Showing posts with label 127 West Huron. Show all posts
Showing posts with label 127 West Huron. Show all posts

Monday, April 23, 2012

Mummy No More? Valerio's Staybridge about to Escape its Wrappings

click images for larger view
We've written several times about the project at 127 West Huron, referred to variously as the Duke Miglin, or Staybridge Suites Hotel.  It's the striking building designed by Valerio Dewalt Train using innovative staggered truss framing, where the sheets never made to the guest beds but instead have covered up the project's steel frame since the money ran out almost four years ago.
Now that may finally be about to change.  We received an email yesterday from John W. Rutledge, President and CEO of the Oxford Capital Group . . .
With regard to 127 W. Huron; after acquiring the loan, Oxford has now settled various claims on the project and has recently acquired full title from the original developer and as such is in the midst of a formal remobilization. Oxford expects  to deliver an upper upscale boutique/lifestyle hotel in 2013.
 With regard to the Langham Chicago Hotel; Oxford Capital Group, LLC remains the managing partner of the local Chicago based development team executing the project.  You’ll be pleased to know this project has formally commenced construction and we expect to deliver this luxury Langham Chicago Hotel in the summer of 2013.
The Langham Chicago, of course, is the project that's currently keeping the southern part of lobby of the Mies van Der Rohe-designed 330 North Wabash (aka IBM Building) under wraps while construction of the hotel continues.
 We wrote about it last on February 20, and a few days later the Trib's Blair Kamin reported that Mies's grandson, Dirk Lohan, who is doing the lobby redesign, is promising that any changes to the ground floor will leave Mies's original vision largely intact.

So get out cameras and take your pictures of the Mummy of Huron Street while you can.  2013 isn't that far off, and by then you may be seeing something a lot closer to what the architect originally intended . . .

Tuesday, January 10, 2012

The Mummy of River North: Chicago has gone New Hotel Crazy (Just not at LaSalle and Huron)

Update, April of 2012: Construction is about to restart to complete the project and remove The Mummy's bandages.  Read all about it here
click images for larger view
It didn't take much.  Just a good uptick from the dismal post-crash occupancy rates, and we've got new hotels coming out of our ears.  Richard Branson is converting the Rapp & Rapp designed 203 North Wabash into a 250 room Virgin Hotel (hopefully, non-virgins will also be admitted.)  Aries Capital is looking to make the Art Deco Chicago Motor Club Building into a hotel.  As of last July, plans were still in place to make a dozen floors of Mies van der Rohe's IBM building into a Langham Hotel.  And just last week, the Sun-Times David Roeder was reporting a hotel conversion may also be in the future of the London Guarantee Building at Wacker and Michigan.  And then there's those three new River North hotels under construction with 600 rooms that we discussed yesterday.

But just a few blocks away, there it is, just as it has been since 2008, when the money ran out and construction stopped: the Staybridge Suites Hotel at 127 West Huron.  The handsome, sculpted design, by Valerio Dewalt Train, made use of innovative staggered truss framing for a lighter weight structure.  Ironically, the other advantage of staggered truss is speed of construction.
 So the steel frame went up quickly.  And then it sat there, awaiting its purpose.
After a while, the frame gets covered with protective fabric.  Over time, the fabric comes loose, and flaps in the wind.  Then it gets secured again.  Rinse and repeat.
Last year, a group led by Oxford Capital, which converted the former Hotel Wacker right next door into the Hotel Felix, and led an abortive attempt to put a hotel into the IBM before passing it on to Langham, took over the construction loan on the Staybridge.  That was last June.  That news item remains the most recent on the Oxford Capital Group website, linking to a no longer available article in Crain's.
Not much seems to be going on at the moment.  The sheeting - ghost armor - seems secure for now.  It seems like every developer has a hotel deal going.  Why is everyone spooked by Staybridge?