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Tower in Chicago’s Streeterville Neighborhood Has Plan to Repurpose as a Hotel 

In an innovative twist designed to repurpose empty office space, the principals of an apartment tower in the tony Streeterville neighborhood on Chicago’s Near North Side want to turn some of the building’s empty office space into a short-term rental hotel, according to Crain’s Chicago Business.

The tower’s owner Group Fox has teamed with short-term rental expert and operator Sonder. The two have revealed plans to convert five floors in the 446 E. Ontario St. building into a 101-room hotel. Crain’s based its information on a letter about the proposed project addressed to the Streeterville Organization of Active Residents, a neighborhood group.

The 446 E. Ontario building is smack in the middle of the enormous Northwestern Memorial Hospital campus, which occupies more than a half dozen square blocks in the area. The principals of the 446 Ontario St. building believe there will be strong demand for their hotel from people who are in town to see Northwestern Hospital for one reason or another, they told Crain’s.

Photo courtesy of Group Fox.

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Carrie Jordan is the Communications Coordinator for Connect Commercial Real Estate and Executive Assistant to Daniel Ceniceros. Carrie facilitates communications between the various Connect teams and assists Daniel with his duties as CEO. Carrie graduated from the University of Georgia with a Bachelor of Arts in Journalism and Spanish and a Certificate in New Media and Technology from the New Media Institute. She has experience in new media, graphics, social media, writing and photography.

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