Despite the COVID-19 crisis that has ground the hospitality industry to a halt, Chicago has issued a $65 million building permit to convert the former City Colleges headquarters into a dual branded Hilton Hotel.
The permit issued on March 31 lists Leopardo Companies Inc. as the general contractor. Subtrades include: Electrical – Titan Electric LLC; masonry – J.S.L. Masonry Restoration Inc., plumber/plumbing – R. Carrozza Plumbing Co.; and ventilation – Premier Mechanical Inc.
The permit issued on March 31 for 226 W. Jackson Blvd. calls for the “renovation/conversion of an existing 15 story office building into a hotel with 350 guest rooms and new roof top deck.”
Crain’s Chicago Business reported in October that a venture led by Chicago-based Phoenix Development Partners paid $32.7 million for the property, which will be split between a 135-room Hilton Garden Inn on its lower floors and the first Chicago location of the hotel chain’s more upscale Canopy by Hilton brand, with 214 rooms above.
