April 10, 2013 Leave a comment
The Out Chicago may be the newest hotel to hit Boystown in Chicago’s Lakeview community. The story, first broke by Redeye Chicago, says that Parkview Developers are in the planning stages of building a 100 room boutique hotel in the 3300 block of north halsted. The hotel will be modeled after “The Out NYC” and will be called The Out Chicago. Below is a rendering recently obtained by Crain’s Chicago Business. According to numerous on-line sources including LakeviewPatch, the hotel (if approved and current plans finalized) will stand between Sidetrack and Wood. This would mean that Minibar would become incorporated into the space. According to Crain’s the developers managing partners are currently in negotiations to acquire the land shown below and may partner with Minibar on a bar concept in the hotel.
This new boutique hotel would likely include a rooftop bar, spa as well as entertaining space for weddings and large functions. Some rumors indicate that the hotel lobby will have a sidetrack entrance.
Naturally there are some against the hotel as some residents are worried about increase traffic in the area or the aesthetics of the new structure. I am sure that in the coming weeks residents, business owners and neighborhood patrons will get all the answers they’re looking for. This deal still have a long way to go before plans are finalized and ground is broken. However, I am very excited to see plans such as these discussed. I think a hotel of this nature will be great for the community, will increase tax revenue as well as revenue for all the businesses in the area. This will continue to drive new restaurant openings as well as new boutiques as Boystown becomes more of a “destination” versus just a place to go out to the bars.