Formerly the Staybridge Suites

Height: Unknown
Floor count: 16
Location: North LaSalle and West Huron
Neighborhood: River North
Construction end:
Architect: Perkins + Will
Developer: Related Midwest

http://img259.imageshack.us/img259/3245/staybridge7ax.jpg (http://imageshack.us)

I wanted to open a separate thread on Staybridge Suites. It has an intriguing, forward-thinking, if not schizophrenic design that seems to combine glassiness and airiness with brutal elements. It will definitely make a powerful statement in River North. It could be the River North analog of Sofitel.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-16-2007/0004506582&EDATE=

Dellisart Chicago LLC Completes $42 Million Financing to Develop Staybridge Suites in Chicago, Illinois

First “Staggered Truss” Building Downtown to be Largest Staybridge Suites in System Officials of Dellisart Chicago LLC, a joint venture between Dellisart Lodging LLC, a hotel ownership, management, development and acquisition group, and Miglin Properties LLC, a Chicago-based real estate development and management company specializing in the development of commercial properties, today announced that the JV has secured $42 million in financing to develop a 206-suite Staybridge Suites in downtown Chicago, Ill., at the corner of LaSalle and West Huron. Financing was provided by CapitalSource, a specialized commercial finance company. The hotel will be managed by Dellisart Lodging LLC. Plans call for the hotel to break ground January 25, 2007.

“While we have numerous projects occurring internationally, we remain focused on expanding our U.S. portfolio, as well,” said Douglas E. Artusio, Dellisart founder, chairman and CEO. “We have exceptional development and management teams in place to accommodate our accelerating growth. The Staybridge Suites brand, part of the InterContinental Hotels Group family of brands, is a great product, well suited to the needs of extended-stay business and leisure travelers seeking relaxed accommodations with high-tech amenities in high traffic markets.”

When completed in the summer of 2008, it will be the largest hotel in the Staybridge portfolio. Staybridge Suites offer upscale, all-suite accommodations with fully equipped kitchens. Among the various hotel amenities are high-speed Internet access, 24-hour business centers, complimentary breakfast and evening reception, green space, fitness center and library with books, board games and television. Suites have separate living and work areas with two-line speaker telephones and personalized voice mail. A leased restaurant and parking facilities are planned for the ground floor.

The hotel will be constructed using the staggered truss structural system. The high rise building concept consists of a series of story-high trusses spanning the total width between two rows of exterior columns and arranged in a staggered pattern on adjacent column lines. The basic concept is that the total frame behaves as a cantilever beam when subjected to lateral loads. This process allows developers to build in all weather conditions and to lower costs based on shorter construction time and a faster completion date. Additionally, the finished product has more open space for increased flexibility of interior space.

“This marks our third Staybridge Suites in the greater Chicago metro area,” Artusio noted. “Our other two properties already rank among the highest rated in the system, and we fully expect this hotel to equal or exceed those excellent results.”

“The Staybridge Suites Chicago is among nearly 100 hotels in the brand’s robust Americas pipeline and will be an excellent addition to our upscale extended-stay portfolio,” said Robert Radomski, vice president, Brand Management, Staybridge Suites. “We are thrilled that

Dellisart Chicago LLC chose to build a Staybridge Suites for this ideal location in Chicago’s bustling downtown area, and we look forward to offering the Staybridge Suites experience to our guests seeking extended-stay accommodations in downtown Chicago.”

Amenity highlights planned for the new Staybridge Suites Chicago will include:
• Three well-designed spacious suite options—deluxe studio, one-bedroom and two-bedroom/two-bath with:

* 32” flat panel TV’s
* In-room DVD/CD players
* Functional, well-lit work stations with ergonomic seating
* Complimentary wireless and wired high-speed Internet access
* Complimentary local phone calls
* Two-line speaker phones with direct-dial number
* Fully equipped kitchens.
* Deluxe complimentary daily breakfast buffet
* Complimentary guest laundry
* Complimentary workout facilities
* 24-hour business services center
* Guest library with books and games
* BridgeMart, the hotel’s 24-hour convenience store stocked with snacks, sundries, beverages and easy-to-prepare meals
* Evening "Sundowner” receptions three days a week with complimentary refreshments and light appetizers
* A leased restaurant and covered parking facilities for the ground floor

At last something different. Amazing can not wait to be build.

the design is great

It's cool and unique

oh that's hot. very blade runner. the trusses remind me a bit of that Hong Kong building, i forget what it's called. i think norman foster designed it. better than the marriott on michigan, for sure.

^HSBC building?

Heres another image w/ different perspective.
http://img263.imageshack.us/img263/9464/ext3eq.jpg

one word: OUTSTANDING

Just curious, what will this replace and how did it look? (how tall was it)?

Posted by NearNorthGuy

"This little tid-bit was mentioned earlier. The back part of building that had been on the Staybridge Suites site was the site of the loading dock and vaults for the Purolator armored car service."

For the past 6-8 months or so though its been an empty lot.

http://www.findarticles.com/p/articles/mi_qn4155/is_20060425/ai_n16226757

I am officially in love with this tower. Not that I wasn't before.

Oh my goodness, I love this even more now. This building is wild.

:okay:

http://www.chicagotribune.com/business/chi-0702070142feb07,0,3474254.story?coll=chi-business-utl

CONSTRUCTION DATE:

Construction on the foundation of downtown Chicago's first Staybridge Suites Hotel, a $52 million project, will start in a week.

The luxury hotel at 127 W. Huron St. with studio, one-bedroom and two-bedroom units is scheduled to open mid-2008. With an average daily suite rate of $170 a night, it is designed to attract a wide array of guests from business people who are relocating or involved in a long-term project to people undergoing outpatient care at a nearby hospital.

The hotel is being developed as a joint venture of Dellisart Lodging LLC of Atlanta and Miglin Properties LLC of Chicago. The property will be run as a franchise of the Intercontinental Hotels Group PLC, which has its world headquarters in London and its U.S. headquarters in Atlanta.

"We like Chicago because it has great businesses, shopping, arts and restaurants within walking distance of the hotel," said Robert Radomski, an Intercontinental vice president for Staybridge brand management. "It's great visibility for us," he said.

Furthermore, explained Douglas Artusio, the chairman and chief executive of Dellisart, "the Chicago hotel market has strengthened dramatically in the past 18 months, with revenue per available room up about 13 percent."

Dellisart, a hotel developer, owner and manager, is building the hotel. It owns six other Staybridge franchise properties, including ones in Glenview and Lincolnshire.

A $43 million construction loan was secured by the Chicago office of CapitalSource, which provides various types of financing for small- and medium-size businesses.

The 18-story hotel, with its metallic-clad facade, will have 209 suites, parking for 82 cars and 12,000 square feet of retail space.

On Feb. 15, Walsh Construction will start driving the caissons for the foundation, and on Feb. 23, there will be an official groundbreaking at the site. Artusio said.

They do "official groundbreaking" ceremonies for something this small nowdays? Geez...those architects are always lookin' for reasons to party.:banana2:

Spy - I moved your post from the Filling Up River North Thread to this thread.

http://www.chicagotribune.com/business/chi-0702070142feb07,0,3474254.story?coll=chi-business-utl...The 18-story hotel, with its metallic-clad facade, will have 209 suites, parking for 82 cars and 12,000 square feet of retail space.

I'm glad to read that the cladding will be metallic(!) - I'd thought from looking at the renders that the exterior was masonry, or stone veneer (which I am heartily sick of).

From SSP:

Last updated: February 15, 2007 11:02am
CapitalSource Loans $49M for Local Projects
By Gina Kenny

Staybridge SuitesCHICAGO-CapitalSource is loaning more than $49.4 million and has committed $37.5 million for two projects in the Chicagoland area. The company is providing a loan for $43.1 million to Miglin Properties and Dellisart Lodging for the construction of a 206-room hotel and 82-car parking garage in Chicago, and a loan of $6.3 million to Monroe Investment Partners for the acquisition of 30 acres of land for a retail development in Cicero, IL.
In the Miglin-Dellisart financing deal, the loan amount is for 80% of the entire cost of the hotel project, says Chris Kelly, managing director for CapitalSource. A Staybridge Suites hotel will be constructed at the southeast corner of LaSalle Drive and Huron Street in the Chicago’s River North neighborhood, Kelly says.

http://www.globest.com/newspics/chi_staybridgesuites.jpg

The 18-story building will have 206 rooms for an extended-stay hotel and 8,000 sf of retail space. An 82-car parking garage will also be built on the site. The groundbreaking should be held within a couple of weeks and the project is expected to take about 18 months. The developers do not yet know what type of retail will be in the development or what the average lease rate will be, Kelly says.

“We are excited with the prospects of the future demand for hospitality in Chicago and the relatively limited amount of new product that has been planned or proposed,” he says. In addition, CapitalSource felt the loan was a good investment because there are not a lot of extended-stay, all-suite hotels in Chicago, and Intercontinental Hotel Group is one of the largest hotel franchises.

March 8, 2007

http://img527.imageshack.us/img527/2090/dsc0073copyzu2.jpg http://img181.imageshack.us/img181/7580/dsc0072copycx8.jpg

Hooray!!! The sexiest building going up in Chicago!!!

March 8, 2007

http://img527.imageshack.us/img527/2090/dsc0073copyzu2.jpg http://img181.imageshack.us/img181/7580/dsc0072copycx8.jpg

^ It's gotten financing, so what's the delay?

Any new news on this one?

Any new news on this one?

Yeah, I thought this baby would have been UC by now. I wonder if there is just a shortage of drilling machines with the current boom.

Any new news on this one?
Nothing of interest - a couple of cars and a construction trailer, but no equipment. I walked past the site today.

I'm going to demote this one to Approved. I don't see any site prep taking place.

Walked past that site today and quite a good bit of activity going on. I was on a conference call at the time, so slightly distracted, but I think they may well have been working on drilling some caissons.

In any case, more activity than that site has seen in a while. Hoping it turns out as lovely as the renders.

I look north from millennium center, and have been keeping a close eye on construction that will enhance on hinder my view. This one is a bit off the radar at that height :( Looks like a beautiful building tho.

Someone please take some photos.

10-4

http://farm2.static.flickr.com/1015/562190889_7bf7dc9bee.jpg?v=0

^Thanks a lot, Titan. Are caissons being drilled? This one could be u/c or on its way very soon.

^Thanks a lot, Titan. Are caissons being drilled? This one could be u/c or on it's way very soon.
Yes, caissons were being drilled at the southeast corner of the site just before noon today.

very cool. I like it. I've lived a half a mile from this site and didnt know about this until right now browsing the forums. Love this place.:okay:

Wow, 2 construction starts in 1 day.

We haven't had that since Waterview and (can't remember, but some other project) started together a while back.

What about the day Aqua, 351 N Clark, and 235 W Van Buren (or so we thought) all started on the same day?

June 19, 2007

http://img225.imageshack.us/img225/8429/dsc0018copyzc0.jpg

http://img520.imageshack.us/img520/8546/dsc0020copytr7.jpg

http://img225.imageshack.us/img225/7854/dsc0025copyoy2.jpg

http://img526.imageshack.us/img526/1517/dsc0033copyak4.jpg

August 2, 2007

http://img299.imageshack.us/img299/4314/dsc0111hk0.jpg

http://img464.imageshack.us/img464/2838/dsc0109zj4.jpg

i dont know if i like this one. it seems like outdated design to me. if i stood next to it, I would give it 50% chance being brand new, and 50% chance being 30 years old. it reminds me of this building in hong kong:

http://en.wikipedia.org/wiki/Image:HSBC_Hong_Kong_Headquarters.jpg

September 25, 2007

http://img231.imageshack.us/img231/9720/dsc0071sx2.jpg

http://img231.imageshack.us/img231/2631/dsc0073xr0.jpg

October 31, 2007

http://img101.imageshack.us/img101/7181/dsc0039ka1.jpg

This building is really stylish!

November 29, 2007

http://img114.imageshack.us/img114/8495/dsc0063jv6.jpg

Wow... how fricking urban does that shot look, even despite the McD's?

Glad to see this one is rising. Is there even a core?

What is that under construction directly to the left of the McDonalds?

Edit: Thats the Erickson Institute, correct?

What is that under construction directly to the left of the McDonalds?

Edit: Thats the Erickson Institute, correct?
Yep, that's it.

http://img221.imageshack.us/img221/8263/buildingsm2qx2.jpg

http://img228.imageshack.us/img228/401/dsc0062qx0.jpg

One word...STUNNING!

January 3, 2008

http://img149.imageshack.us/img149/6035/dsc0034vv8.jpg

http://img167.imageshack.us/img167/707/dsc0038yh9.jpg

Why did they choose to make only the base concrete and the rest the staggered-truss?

It probably has something to do with the fact that the base is a garage. I've never seen a parking garage with steel construction.

http://img59.imageshack.us/img59/9199/24734976693b9812d7bdca5.jpg
PTChicago/ flickr

Nice progress, thanks for the update.

Taken today:
http://img183.imageshack.us/img183/5625/stay5101gz7.jpg (http://imageshack.us)

flickr.com - patrickherek

July 7
http://farm4.static.flickr.com/3186/2649526037_95d77732f8_b.jpg

http://farm4.static.flickr.com/3101/2650354968_391325621a_b.jpg

According to some sources at SSP, this one may be on hold.

^^ wow no shit. looks like they are almost done. not really liking this as much anymore anyway but damn, hope they finish

Is that Superior 110 in the background of the first picture?

Yes

Is that Superior 110 in the background of the first picture?

that is a sweet building. :yes:

:down:

http://www.chicagorealestatedaily.com/cgi-bin/news.pl?id=30215

Construction stops on Duke Miglin hotel


By Alby Gallun, July 16, 2008

(Crain’s) — With unpaid bills from contractors piling up, construction has stopped on a 206-room hotel in River North being built by a joint venture including Duke Miglin.

Chicago-based Walsh Construction, the general contractor on the 17-story building at 127 W. Huron St., pulled out of the project about two weeks ago, according to sources familiar with the situation. On June 30, Chicago-based CMC Organization LLC, which was hired to handle interior and exterior work on the hotel and serve as the project’s construction manager, filed four liens against the property totaling $1.2 million.

More of things to come, I'm afraid.

:down:

http://www.chicagorealestatedaily.com/cgi-bin/news.pl?id=30215

Construction stops on Duke Miglin hotel


By Alby Gallun, July 16, 2008

(Crain’s) — With unpaid bills from contractors piling up, construction has stopped on a 206-room hotel in River North being built by a joint venture including Duke Miglin.

Chicago-based Walsh Construction, the general contractor on the 17-story building at 127 W. Huron St., pulled out of the project about two weeks ago, according to sources familiar with the situation. On June 30, Chicago-based CMC Organization LLC, which was hired to handle interior and exterior work on the hotel and serve as the project’s construction manager, filed four liens against the property totaling $1.2 million.
It appears that not Miglin but Beitler was the developer guru. Has Miglin brought anything to fruition since the demise of his partner?

looks like they are almost done.

Other than complete the structure, remove the tower crane, complete the framing and cladding of the exterior, install the roof, install the elevators, frame the walls, rough-in the electrical, plumbing, mechanical, fire protection, install drywall, tape the drywall, paint, tile the bathrooms, install cabinets and plumbing fixtures, light fixtures, carpet, build out the lobby, commission the fire alarm and mechanical systems, yes, they are almost done. :)

Other than complete the structure, remove the tower crane, complete the framing and cladding of the exterior, install the roof, install the elevators, frame the walls, rough-in the electrical, plumbing, mechanical, fire protection, install drywall, tape the drywall, paint, tile the bathrooms, install cabinets and plumbing fixtures, light fixtures, carpet, build out the lobby, commission the fire alarm and mechanical systems, yes, they are almost done. :)

:lol: exactly.


sadly, none of this will be happening.....for who knows how long :cry:

What's the hold up on this project?? Financing? It's too close to stop now!! :(

crane came down. very bad

Good news ladies and gents, I just walked past the site and construction has resumed.:banana::banana:
Judging from the facade(metallic panels?), I believe this one will be right up there with 600 Fairbanks and Hotel Sofitel.

Really? What did you see?

Really? What did you see?

First, please excuse my construction lingo(I'm more into the finished product than the actual process). I saw what looked to be a crane with an elevator. There were a few construction workers on site putting materials in this elevator. Next door to Staybridge is a hotel conversion(I believe its being called Hotel Felix) taking place. That too is having construction but I was very sure not to mix up the two. You can definitely move this one back to under construction.:)

That would be great..can anyone elso confirm?

That is great news thanks! :cheers:

http://www.hvs.com/news/4007/hvs-capital-corp-appointed-advisor-on-proposed-staybridge-suites-in-chicago-illinois/

HVS Capital Corp Appointed Advisor on Proposed Staybridge Suites in Chicago, Illinois
Posted Monday June 22, 2009

HVS Capital Corp has been appointed as advisor to Dellisart – Chicago B LLC -- to assist with the restructuring plan for the proposed Staybridge Suites Hotel in Chicago, Illinois.

The partially constructed 207-room all-suite hotel is located in the River North neighborhood of downtown Chicago, proximate to the Magnificent Mile. The 17-story structure pays tribute to the dynamic architecture of Chicago, while contributing to the continued renaissance of the River North community. As the majority of major hotel brands are already represented in Chicago, this development offers a rare opportunity to enter one of the most prominent lodging markets in the U.S., according to Jeffrey Duni, Vice President of HVS Capital Corp.

HVS Capital Corp is the investment banking division of HVS Global Hospitality Services. Its three core areas of service are financing, investment sales, and capital advisory. The Special Hospitality Assets Group of HVS Capital Corp offers comprehensive services for lenders and borrowers in distressed asset situations, utilizing the relevant disciplines of HVS’ global consulting services to facilitate workouts of distressed hotel assets. Most importantly, HVS Capital Corp can access the necessary rescue equity to recapitalize a project, thereby alleviating the fundamental lack of liquidity in distressed asset situations.

...

Construction Projects Put On Hold In Tough Economy

Staybridge Suites at Huron and La Salle hopes to restart construction on November 1st.

http://cbs2chicago.com/local/construction.projects.hold.2.1219258.html

YAY. I look away in shame every time I go within viewing distance of this disgrace.

Finally, some good news! I'll start celebrating once they start taking down all that covering...

http://img203.imageshack.us/img203/4817/staybridge.jpg

^Yipee. I'll keep a close eye on this one as I pass by it on the bus every day.

Is there any new on this one being finished?

http://www.chicagorealestatedaily.com/cgi-bin/news.pl?id=38281

Investors battle lender on stalled Miglin hotel
By Alby Gallun, May 19, 2010

Chicago developer Duke Miglin and an Irish group he recruited to invest in his stalled River North hotel project are striking back at the lender trying to foreclose on the property, now just a 16-story concrete shell draped in canvas.

Mr. Miglin and his prospective partner allege that the lender, CapitalSource Finance LLC, reneged on an agreement to recapitalize and restart the planned Staybridge Suites hotel at 127 W. Huron St., which has been idle for nearly two years.

about time they are doing something with that huge eyesore

about time they are doing something with that huge eyesore

I agree! It just ruins the entire visual appeal of the area...

Hm, that story from the 19th looks earily familiar. See here: http://www.jsonline.com/business/47000577.html

http://www.chicagorealestatedaily.com/article/20101123/CRED03/101129982/hotel-operator-plans-to-grow-local-portfolio

Hotel operator plans to grow local portfolio
By: Alby Gallun November 23, 2010

...Construction of the downtown Staybridge Suites began a few years ago, but the 216-room project at 127 W. Huron St. has been stalled since 2008, when it was hit with a foreclosure suit. Mr. Anhut expects a resolution soon.

“We're optimistic it will move forward under new ownership,” he says.

http://www.chicagobusiness.com/article/20101204/ISSUE01/312049974

Corporex seeks control of stalled Staybridge hotel project in River North
By: Alby Gallun December 06, 2010

...Corporex Cos. LLC, a suburban Cincinnati investment firm, has acquired a roughly $8-million claim from the general contractor on the development at 127 W. Huron St., slated to be a 216-room Staybridge Suites extended-stay hotel. The sale represents a key step out of the grave for the project, one of two big unfinished hotels that ran out of money during the bust and now blot the downtown landscape.

“It is their hope that, in fairly short order, the case can be resolved and construction can resume,” says David Neff, Corporex's attorney in the Chicago office of Perkins Coie LLP.

http://img526.imageshack.us/img526/4817/staybridge.jpg

from SSP



New investor moves in on failed River North hotel
By: Alby Gallun June 08, 2011

(Crain's) — A Chicago hotel investor has entered the legal fracas over a failed River North hotel development, a key step that could bring the 16-story project closer to completion — or escalate the battle for control of it.

A venture led by Oxford Capital Group LLC has acquired the construction loan on the unfinished building at 127 W. Huron St., which was supposed to be a 216-room Staybridge Suites hotel but has been tied up in litigation since October 2008, when it was hit with a $19.8-million foreclosure suit from the construction lender

Read more: http://www.chicagorealestatedaily.com/article/20110608/CRED03/110609831/new-investor-moves-in-on-failed-river-north-hotel#ixzz1Oh186R8a

According to Dan at SSP, construction is likely to start in a few weeks.

July 08
http://i1243.photobucket.com/albums/gg547/RadicalSpeed114/IMG03058-20120708-1300.jpg

http://i1243.photobucket.com/albums/gg547/RadicalSpeed114/IMG03059-20120708-1300.jpg

http://i1243.photobucket.com/albums/gg547/RadicalSpeed114/IMG03061-20120708-1305.jpg

Very nice and modern design.

Looking good!

Hotel Chatter (http://www.hotelchatter.com/story/2012/10/21/11415/501/hotels/The_Godfrey_Hotel_Chicago%3A_New_For_2013)


October 24, 2012

The Godfrey Hotel Chicago: New For 2013

http://www.hotelchatter.com/files/102917/Godfrey_Chicago_ninakhahn.jpg

As if we would be surprised by another new hotel popping up in Chicago, we learned last week that Oxford Capital Group and Cube Capital will open the new Godfrey Hotel Chicago in 2013. Located in River North at LaSalle and Huron, the 221-room Godfrey is the latest new concept and lifestyle hotel scheduled to open in Chicago.

The would-be hotel is already well connected, too. Not only is it adjacent to Hotel Felix (also led by Oxford), Godfrey is taking over the incomplete, cubist-inspired shell of a building originally carved out for a Staybridge Suites (which never came to be). Now after four years in limbo, that 16-story structure designed by Valerio Dewalt Train will finally have its day in 2013.

According to Oxford, Godfrey will be defined as an independent, upscale, lifestyle hotel with with 194 generously-sized studio suites and 27 one-bedroom suites, a chef-driven restaurant and bar, and -- wait for it -- a 12,000 square-foot indoor/outdoor rooftop lounge. Guests will also have great city views from their rooms at Godfrey, but even cooler is the fact that this distinctly modern building will add its own flair to Chicago's stunning skyline.

Godfrey Hotel Chicago joins a slew of other big Chicago hotel openings slated for 2013, including Richard Branson's debut Virgin Hotel, Aloft, and Langham.

March 15:

http://buildingthegodfreyhotel.files.wordpress.com/2013/03/wp_20130313_003.jpg
http://buildingthegodfreyhotel.com/2013/03/15/what-a-view-sitevisitfriday/


The view:

http://buildingthegodfreyhotel.files.wordpress.com/2013/03/wp_20130315_009.jpg
http://buildingthegodfreyhotel.com/2013/03/15/what-a-view-sitevisitfriday/

April 12 2013:

Click: (large) http://buildingthegodfreyhotel.files.wordpress.com/2013/04/signage-lasalle.jpg



http://buildingthegodfreyhotel.com/

The Godfrey Hotel back in action and finishing up:

http://blog.chicagoarchitecture.info/wp-content/uploads/2013/04/IMG_1306.jpg
http://blog.chicagoarchitecture.info/2013/04/17/status-update-the-godfrey-chicago-hotel/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ChicagoArchitectureBlog+%28The+Chicago+Architecture+Blog%29&utm_content=Google+Reader