{"id":1004068348,"date":"2013-03-06T08:30:24","date_gmt":"2013-03-06T16:30:24","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=107876"},"modified":"2022-03-03T00:29:59","modified_gmt":"2022-03-03T08:29:59","slug":"loews-hotels-resorts-breaks-ground-on-400-room-hotel","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/loews-hotels-resorts-breaks-ground-on-400-room-hotel\/","title":{"rendered":"Loews Hotels & Resorts Breaks Ground on 400-Room Hotel"},"content":{"rendered":"

By Gabriel Circiog, Associate Editor<\/em><\/p>\n

Loews Hotels & Resorts recently held a groundbreaking ceremony on the site where it will open the Loews Chicago Hotel in 2015. Company officials, including Chairman Jonathan M. Tisch and President and CEO Paul Whetsell, were joined by Donald R. Wilson, Jr.\u2014 founder and CEO of DRW Trading Group\u2014and Mayor of Chicago Rahm Emanuel at the ceremony.\"\"<\/a><\/p>\n

\u201cEven with Chicago\u2019s hotel occupancy at a record high last year, companies continue to build more hotel stock as more and more tourists, business travelers and conventions are flocking to Chicago,\u201d said Mayor Emanuel. \u201cI am pleased to see this hotel rise from the ground, creating hundreds of jobs and setting up Chicago to continue its growth as one of the premiere destinations in the entire United States.\u201d<\/p>\n

Designed by the architectural firm Solomon Cordwell Buenz and developed by DRW, the Loews Chicago Hotel will be part of a 52-story tower that will also include 398 luxury residential apartments. The hotel will feature 400 guestrooms, including 36 suites. The new construction will also include a signature restaurant, over 25,000 square feet of meeting space, outdoor terraces, an outdoor rooftop including a swimming pool, and a spa\/fitness center.<\/p>\n

Donald R. Wilson, Jr. said: \u201cWe are excited to partner with Loews in designing and delivering a hotel and residential product. The apartment and hotel combination will be a benefit to one another, offering amenities to residents that set us apart from the current market.\u201d<\/p>\n

For more market data from Chicago, click here<\/a><\/strong>.<\/p>\n

Photo Courtesy of: Loews Hotels & Resorts via Facebook.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Loews Hotels & Resorts recently held a groundbreaking ceremony on the site where the company will open the Loews Chicago Hotel in 2015. Company officials, including Chairman Jonathan M. Tisch and President and CEO Paul Whetsell, were joined by Donald R. Wilson, Jr., founder and CEO of DRW Trading Group and Mayor of Chicago Rahm Emanuel at the ceremony.<\/p>\n","protected":false},"author":264,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1491,21742],"tags":[1815],"class_list":["post-1004068348","post","type-post","status-publish","format-standard","hentry","category-chicago","category-latest","tag-national"],"acf":[],"yoast_head":"\nLoews Hotels & Resorts Breaks Ground on 400-Room Hotel - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/loews-hotels-resorts-breaks-ground-on-400-room-hotel\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loews Hotels & Resorts Breaks Ground on 400-Room Hotel\" \/>\n<meta property=\"og:description\" content=\"Loews Hotels & Resorts recently held a groundbreaking ceremony on the site where the company will open the Loews Chicago Hotel in 2015. 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