Upper Floors of Chicago's Majestic Building
to a 135 room Hampton Inn
|Rosemont, Ill.- July 5, 2005 — First Hospitality Group Inc. (FHG),
has announced plans to convert the upper floors of the Majestic Building,
which houses the Shubert Theater in Chicago, into a hotel. The hotel
phase of a decade-long effort to establish a theater district in the Loop,
will involve redesigning the top 17 floors of the 20-story building, will
be finished spring 2006. The plan is for a 135 room Hampton Inn.
“We are excited about the project and being involved with the rebirth of the Chicago Theater District,” said Robert Habeeb, FHG President and COO. “Our hotel will be a great addition to the cities revitalization of this historic area. It fits well into FHG’s strategic growth initiatives. We continue to look for opportunities where we believe we can make a difference.”
The Shubert Theatre was opened on New Year's Day in 1906, then known as the Majestic Theatre. The Majestic Building, the tallest building in Chicago when it was first built, became a Chicago landmark. The Majestic closed during the Great Depression, but about 15 years later was reopened as the Sam Shubert Theatre.
The Shubert stage became home to an astounding array of classic plays and musicals, with earlier classics such as "Annie Get Your Gun, "Carousel, “and "Guys and Dolls" and more recent favorites such as "Rent, "Cabaret" and the pre-Broadway engagements of "The Goodbye Girl" and "Victor/Victoria."
First Hospitality Group Inc. is partnering with the Nederlander Organization, which has owned the Majestic Building, at 22 West Monroe Street, since 1991 and Northern Realty Group of Northbrook, Il. Nederlander will retain ownership of the theater and will be part owner of the hotel, along with First Hospitality Group and Northern Realty Group.
Once completed, the new Chicago Hampton Inn hotel will be implemented with Hampton’s innovative standards which are part of the brand’s ground-breaking project-- “Make it Hampton.” Introduced in January 2004, “Make it Hampton” is the single largest transformation ever undertaken by a hotel brand to enhance the guest experience at its hotels. These new standards give the hotel chain a prominent role as being a “limited service” innovator and leader. The new hotel will include amenities such as the complimentary On The House Hot Breakfast served daily, complimentary high-speed Internet access, complimentary local telephone calls made from the room and the brand’s 100% Hampton satisfaction guarantee which guarantees each guest full satisfaction or their night’s stay is free.
“The hotel is the perfect addition to our portfolio. Located within a few blocks from the opera, the symphony, the Art Institute and Millennium Park,” said Wendy Stevens, Vice President of Sales & Marketing. “We like the combination of a hotel and a theater because it allows us to book packages that will help the hotel on weekends.”
First Hospitality Group Inc. (FHG), founded in 1985, specializes in the development, management and ownership of hotels. Currently FHG has a portfolio of 30 hotels. FHG manages assets with the following franchise affiliations: Hilton Garden Inn, Hampton Inn & Suites, Courtyard by Marriott, Springhill Suites by Marriott, Fairfield Inn & Suites, TownePlace Suites, Residence Inn, Holiday Inn and Wyndham.
|Also See:||First Hospitality Group, Inc. Adds Five Properties to its 30 Hotel Portfolio / August 2004|
|First Hospitality Group Opens 116 room Hilton Garden Inn St. Paul/Oakdale, Minnesota / June 2005|