A planned 12-story hotel at 1528 N Wells Street in Old Town is once again progressing, as indicated by a recent demolition permit issued for the site’s remaining structure. The permit, granted at the beginning of this month, lists National Wrecking Company as the contractor and will involve the removal of a three-story building at 1520 N Wells Street. The replacement hotel, which received its initial foundation permit in 2022, will add 203 rooms along the Wells Street commercial corridor.
1528 N Wells Street
Plans for a 12-story Old Town hotel known as “The Duke of Wells” have been brought back online. This week, the project at 1528 N Wells Street received its first official permit for foundation work to begin. With Condor Partners as the developer, the project will bring 203 new hotel rooms to the thoroughfare, already one of the city’s busiest restaurant and bar scenes. Construction was originally approved back in 2020, and will replace a currently empty lot that was previously the site of a since-demolished O’Brien’s restaurant.
The Chicago Plan Commission has approved an updated mixed-use development proposal at 1528 N Wells Street in Old Town. The project is a 13-story tower that will rise 152 feet, holding commercial space on the ground floor, with 12 floors of hotel space above. The transit-oriented, planned development will replace a surface parking lot along N Wells Street, taking up the entire width of the block, up to N Wieland Street. Chicago Development Partners is the developer of the project, using Wellstel LLC as the owner LLC for the development. Pappageorge Haymes is in charge of the design for the project.