COLUMBUS, Ohio—Proprietor and developer Rockbridge introduced the acquisition of the 200-room Hyatt Home Chicago West Loop/Fulton Market. The Hyatt Home resort is situated close to Chicago’s downtown West Loop and Fulton Market, a hub for company campuses together with McDonald’s international headquarters as properly leisure, eating places, and nightlife.
The resort is for each enterprise and leisure friends who’re visiting the town and looking for to expertise the tradition and options that outline Chicago. Fulton Market has grown right into a vacation spot for workplace, residential, eating places, and nightlife within the area. Along with McDonald’s World HQ, which is situated one block from the resort, there are a number of company workplaces within the space together with Aspen Dental, Google, Kimberly Clark, Chicago’s United Middle house to the NBA Bulls and NHL Blackhawks, and others. The resort can be subsequent to Chicago’s Restaurant Row on Randolph Road, the place eateries, wine and cocktail bars, and music venues create nightlife.
“This Hyatt Home resort is ideally situated in Chicago’s Fulton Market—among the finest submarkets within the metropolis,” stated Matt Welch, managing director, Rockbridge. “The resort was constructed simply previous to COVID and has sturdy tailwinds to proceed to develop. It’ll additionally profit by leveraging the strengthening of Fulton Market and the Hyatt Home model.”
Jones Lang LaSalle Motels & Hospitality Group suggested sellers on the transaction.
Inbuilt 2019, the 14-story resort is the one choose service and main model resort within the space. The resort presents facilities together with assembly area, a rooftop exercise middle, an indoor pool, a health middle, a market for grab-and-go snacks and groceries, and a bar for gentle bites and cocktails.