Wednesday, October 3, 2007

The Cubs and the Leisure Class (cont'd)


Boutique hotel planned near Wrigley Field

By Alby Gallun
Oct. 03, 2007

(Crain’s) — A Chicago investment firm that owns a stake in the Drake Hotel is developing a high-end boutique hotel just around the corner from Wrigley Field.

A partnership led by Lodging Capital Partners LLC has started converting two small apartment and retail buildings at 3473-3475 N. Clark St. into a hotel that would have about 20 rooms, says Lodging Capital Principal Steven Kisielica. The firm has teamed up with property owner Tim Collins on the $5-meeellion project.

Wrigley Field is just "800 steps away," which should work in the hotel’s favor, Mr. Kisielica says...

The Wrigleyville hotel, which has yet to be named, will include a restaurant and bar operated by a well-known Chicago restaurateur, Mr. Kisielica says. The development group has already begun gutting the two buildings on Clark Street and plans to open the hotel as early as next summer.

3 comments:

Smiff said...

I'm guessing that will cost about a dollar a step per night...

Sarge said...

Well, as long as the uninsured street urchins desist from begging for too much silver on the way over to the ballfield where exploits and derring-do are so much celebrated these days, I see no reason why the leisure class should not have such an enjoyable and convenient place to partake in their enjoyment of our fair city.

And if the rent for the unwashed climbs into the sublimely ridiculous, let them live in Des Plaines and buy cars. It's not like they were living there anyway, they were living in Logan Square and Edgewater....

Wait a minute! Stop the presses boys!

Fungster said...

Hopefully the city will demolish those projects the Tribune brings up every time the Sox make the playoffs & put in a much larger hotel. Just to one-up da cubbies...