Finance & DevelopmentDevelopmentIHG Announces Plans for a New Hotel Indigo Hotel in Downtown Chicago

IHG Announces Plans for a New Hotel Indigo Hotel in Downtown Chicago

ATLANTA—Hotel Indigo, IHG’s (InterContinental Hotels Group) upscale boutique brand, is continuing its expansion in major U.S. cities with plans for its third hotel in the Chicago market. The hotel, which will be located in the historic downtown area’s Atlantic Bank Building, is expected to open in spring 2014.

The Hotel Indigo Chicago-Millenium Park hotel will undergo an estimated $20 million renovation by the ownership and will occupy a 101-year-old building that first opened in 1912 as the Federal Life Building. The 156-room hotel will feature design elements that reflect its local neighborhood just north of Millennium Park within Chicago’s central business district.

As part of the renovations, the hotel will add four floors to the building—bringing the total to 16 stories—housing a rooftop bar, and a restaurant managed by celebrity chef David Burke. The hotel will maintain many of its historic features, including the original white enamel terra cotta exterior.

“The Hotel Indigo brand is uniquely designed to reflect the culture, character and history of the neighborhoods where our hotels are located,” said Mary Winslow, director, brand management, Hotel Indigo, the Americas, IHG. “This hotel will occupy a local landmark on famed Michigan Avenue, one of the most storied neighborhoods in Chicago. The growth of the Hotel Indigo brand in top-tier markets like Chicago, New York and New Orleans proves that guests value the boutique, local neighborhood experience that our hotels provide.”