Oxford and Quadrum Global Launch $75 Million Renovation to Transform Chicago’s Iconic Essex Inn Into Hotel Essex

USA, Chicago, Illinois. February 12, 2019

Oxford Hotels & Resorts, LLC, the Chicago-based hotel management and branding affiliate of Oxford Capital Group, LLC and its joint venture partner Quadrum Global announce the comprehensive redevelopment, repositioning, and rebranding of an iconic Michigan Avenue hotel into Hotel Essex. Formerly known as Essex Inn, the hotel's extensive $75 million renovation, set to be complete in time for an early April opening, transforms the property into a luxury lifestyle destination in Chicago that is ahead of its time, again.

“The Essex Inn has been a prominent fixture on Michigan Avenue since 1961, providing accommodations to travelers from around the world along the Chicago Cultural Mile,” says John W. Rutledge, founder, president, and CEO of Oxford Hotels & Resorts, LLC and its parent company, Oxford Capital Group, LLC. “We're excited to transform the building into the luxury lifestyle Hotel Essex, bringing Oxford's attention to detail and high-touch guest experience to the historic building.”

One of Chicago's landmark buildings, the original 14-story Essex Inn was designed by A. Epstein and Sons. The building's exterior architecture, including the steel and glass façade and the iconic rooftop “Essex Inn” sign is being restored and retained.

Oxford Capital Group and its joint venture partner Quadrum Global are working closely together to implement the strategic repositioning and renovation of the property.

“Hotel Essex is Quadrum Global's third joint project with Oxford, and the largest repositioning to date in the City of Chicago,” says Oleg Pavlov, founder and CEO of Quadrum Global. “The former Essex Inn has a noteworthy legacy, in addition to a remarkable location overlooking Michigan Avenue and Grant Park. We are delighted to be a part of the property's new life as Hotel Essex, a destination for Chicago residents and visitors to the city.”

Guests are welcomed into the hotel's ground floor lobby with furnishings and decor with 1960s-inspired style, utilizing patterns, color palettes, and materials that modernize the hotel's atmosphere.

The open lobby invites guests in from Michigan Avenue to a contemporary, comfortable space. A rich, book-matched marble wall serves as the backdrop to the front desk and lobby lounge spaces, all framed by a strong, geometric wood screen wall. 

Hotel's Essex's redevelopment includes the addition of 20 guestrooms, giving the property a total of 274 king and double rooms. The building's original steel and glass structure provides guestrooms with floor-to-ceiling windows framing views of Lake Michigan, Grant Park, Michigan Avenue, and urban scenes.

“Within this historic, mid-century shell, we are able to pursue a gut redevelopment and truly create a brand-new hotel with carefully curated interior design and the addition of attractive amenities, all while utilizing state-of-the-art building systems,” says Sarang Peruri, principal at Oxford Capital Group, LLC and Oxford Hotels & Resorts.

Hotel Essex is a part an Oxford-led, mixed-use lifestyle development which includes the adjacent 56-story luxury apartment project Essex on the Park. 

Hotel guests can also enjoy SX Sky Bar, a new bi-level lounge on the fifth and sixth floors in the adjacent Essex on the Park at 808 S. Michigan Ave. SX Sky Bar provides a luxe, two-story food, beverage, and nightlife destination for both hotel guests and Chicago residents.

The ground floor lobby's transformation includes the addition of onsite restaurant and bar Grant Park Bistro. Grant Park Bistro is a modern French grill from Chicago-based LM Restaurant Group.

The 40-seat dining room offers views into the restaurant's open kitchen, while the 26-seat bar area sits adjacent to a cafe. In the summer months, a 40-seat outdoor patio lines Michigan Avenue looking out to Grant Park.

Related News

Choose a Social Network!

The social network you are looking for is not available.

Close
Coming up in May 2019...

Eco-Friendly Practices: Corporate Social Responsibility

The hotel industry has undertaken a long-term effort to build more responsible and socially conscious businesses. What began with small efforts to reduce waste - such as paperless checkouts and refillable soap dispensers - has evolved into an international movement toward implementing sustainable development practices. In addition to establishing themselves as good corporate citizens, adopting eco-friendly practices is sound business for hotels. According to a recent report from Deloitte, 95% of business travelers believe the hotel industry should be undertaking “green” initiatives, and Millennials are twice as likely to support brands with strong management of environmental and social issues. Given these conclusions, hotels are continuing to innovate in the areas of environmental sustainability. For example, one leading hotel chain has designed special elevators that collect kinetic energy from the moving lift and in the process, they have reduced their energy consumption by 50%  over conventional elevators. Also, they installed an advanced air conditioning system which employs a magnetic mechanical system that makes them more energy efficient. Other hotels are installing Intelligent Building Systems which monitor and control temperatures in rooms, common areas and swimming pools, as well as ventilation and cold water systems. Some hotels are installing Electric Vehicle charging stations, planting rooftop gardens, implementing stringent recycling programs, and insisting on the use of biodegradable materials. Another trend is the creation of Green Teams within a hotel's operation that are tasked to implement earth-friendly practices and manage budgets for green projects. Some hotels have even gone so far as to curtail or eliminate room service, believing that keeping the kitchen open 24/7 isn't terribly sustainable. The May issue of the Hotel Business Review will document what some hotels are doing to integrate sustainable practices into their operations and how they are benefiting from them.