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Rooftop Terrace at 226 W Jackson Boulevard. Image by Phoenix Development Partners

Conversion Nearing Completion at 226 W Jackson Boulevard in The Loop

7:45 am on May 30, 2021 By Jack Crawford

Conversion work is nearing completion for the Phoenix Development Partners project at 226 W Jackson Boulevard in The Loop, where the developer has planned to convert a former 14-story office building into two separate hotels. The original 238,000-square-foot edifice was constructed in 1904 and is classified as a National Historic Landmark. Prior to the conversion, the structure housed the headquarters of the Chicago and Northwestern Railroad, then later the headquarters for the City Colleges of Chicago.

Wrigleyville Lofts Tops Out at 949 W Dakin Street in Lake View

7:30 am on April 21, 2021 By Jack Crawford

Construction has topped out for 949 W Dakin Street, aka Wrigleyville Lofts, a seven-story mixed-use building underway in Lake View. Developed by Draper & Kramer, the project will house 13,000 square feet of retail, with commercial units ranging from 1,300 to 2,200 square feet. The above floors will yield 120 apartments, split between 108 one-bedrooms and 12 two-bedroom units.

Structural Work Reaches Fourth Floor of 949 W Dakin Street in Lake View

7:45 am on March 2, 2021 By Jack Crawford

Structural work has reached the fourth floor for 949 W Dakin Street, a seven-story mixed-use project planned by Draper & Kramer and located in Lake View. Programming will consist of 13,000 square feet of commercial space at ground level, divided into 1,300- and 2,200-square-foot units. The six upper floors will house a total of 120 apartments, 108 of which will be single bedrooms and the remaining 12 as two-bedrooms.

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

7:45 am on January 7, 2021 By Jack Crawford

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.

Core Work Nears Completion for 949 W Dakin Street in East Lakeview

7:30 am on December 14, 2020 By Jack Crawford

Core construction has nearly reached its full height for the seven-story mixed-use development at 949 W Dakin Street, located near the northeast corner of Lake View. The developer Draper and Kramer has planned 13,000 square feet of ground-level retail space, with 120 residential units above.

Hotel Conversion Progresses Rapidly at Landmarked 226 W Jackson Boulevard in The Loop

7:30 am on October 21, 2020 By Jack Crawford

Construction is making headway at The Loop‘s 226 W Jackson Street. Owner Phoenix Development Partners is converting the 15-story office building into a hotel.

226 W Jackson Boulevard. Image by Phoenix Development Partners

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

7:45 am on September 11, 2020 By Lukas Kugler

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.

949 W Dakin Street. Rendering courtesy Draper and Kramer

Construction Begins on 949 W Dakin Street in East Lakeview

7:30 am on August 18, 2020 By Lukas Kugler

Construction has begun on a seven-story mixed-use building at 949 W. Dakin Street in Chicago‘s East Lakeview neighborhood. Located across the street from the Sheridan Red Line station and two and a half blocks north of Wrigley Field, the transit-oriented development replaces a single-story structure. Current tenant Ace Hardware is expected to fill a portion of the 13,000 square feet of retail space that will be located on the lower level of the new edifice. The property and financial services firm Draper and Kramer is the developer of the 120-unit project.

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