Hyatt The Loop Chicago to Open in February 2015

New hotel at 100 West Monroe combines Chicago's history and architecture with modern amenities

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. August 19, 2014

CHICAGO - August 19, 2014 - Hyatt The Loop Chicago, located in the heart of the city's financial district at 100 West Monroe, is on track to open its doors to the public in February 2015. The hotel, which is currently undergoing a transformative renovation from a historic office building, will showcase elements of the area's rich cultural and architectural past while offering guests a full range of modern amenities.

When renovations are completed on the 22-story building, designed in 1927 by architect Frank Chase, it will feature 257 contemporary guest rooms, 2,540 square feet of meeting space, a 24-hour fitness center, a new signature French restaurant: Cochon Volant Market, Bakery, Brasserie and Bar, and a rooftop bar—all while maintaining the integrity of the building's historic roots.

“As the birthplace of the modern skyscraper, Chicago's Loop has long been one of the world's most dynamic and distinctive urban neighborhoods,” said Karen McGuigan, general manager, Hyatt The Loop Chicago. “This historical context has played a significant role in the development of the hotel and will remain an inspiration for its future. We are even keeping the cow path—used by the original landowner when the area was pastureland instead of skyscrapers—right next to the front entrance of the hotel.”

The new hotel's central location will encourage exploration of some of the best restaurants, shopping and cultural landmarks the city has to offer, including: the Art Institute of Chicago, Grant Park, Shedd Aquarium, Navy Pier, Millennium Park, and the Museum of Science and Industry.

Hyatt The Loop Chicago is owned by Integrated Clark Monroe, LLC, and operated by Interstate Hotels and Resorts (www.interstatehotels.com), the leading U.S.-based global hotel management company.

The new hotel will join five Hyatt-branded hotels in downtown Chicago, including Park Hyatt Chicago, Hyatt Regency Chicago, Hyatt Regency McCormick Place, Hyatt Chicago Magnificent Mile, and Hyatt Place Chicago/River North.

About Hyatt

Hyatt hotels are smaller-sized properties conveniently located in diverse business and leisure areas. With hotels typically ranging from 150 to 350 rooms, Hyatt hotels offer guests the opportunity to experience our hospitality in a vibrant environment. Customers include individual business and leisure travelers, and Hyatt hotels can accommodate smaller scale business meetings and social gatherings.

About Integrated Clark Monroe, LLC

Integrated Clark Monroe, LLC, the owner of Hyatt The Loop Chicago, is an affiliate of Chicago-based Murphy Capital Management, LLC, (MCM), a multi-service real estate company. Formed by John T. Murphy, MCM and its affiliates, including Murphy Development Corporation (MDC), focus on the development, acquisition and redevelopment of strategic hotel, office, condominium, apartment and retail assets in Chicago, Ohio and Florida.