226 W Jackson Boulevard

226 W Jackson Boulevard

Hotel Conversion Work Continues for 226 W Jackson Boulevard in The Loop

Photos show continued work at 226 W Jackson Boulevard in The Loop, the site of Phoenix Development Partners‘ planned conversion of a 15-story office building into a space for two Hilton hotels. The original 1904 limestone and terra cotta structure was designed by Frost & Granger, and housed offices for both the North Western Railway and City Colleges of Chicago up until its re-designation. As part of the conversion, the developer agreed to rehabilitate the exterior walls of the landmarked buildings in exchange for Class L tax incentives.

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226 W Jackson Boulevard. Image by Phoenix Development Partners

New Hotel Conversion Is Underway at 226 W Jackson Boulevard in The Loop

Work is currently underway on the conversion of the historic 15-story office tower at 226 W Jackson Boulevard in The Loop. The building is the former headquarters of Chicago & North Western Railway and most recently was the headquarters building for City Colleges of Chicago. Located at the northeast corner of W Jackson Boulevard and S Franklin Street, the edifice is across the street from the Willis Tower, formerly Sears Tower. Phoenix Development Partners is in charge of this development, with an estimated development cost of $136 million, which includes the property acquisition cost of $32.7 million.

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