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The pink neon sign of The Drake (bottom-center-left) The Drake, a Hilton Hotel, 140 East Walton Place, [2] Chicago, Illinois, is a luxury, full-service hotel, located downtown on the lake side of Michigan Avenue two blocks north of the John Hancock Center and a block south of Oak Street Beach at the top of the Magnificent Mile.
The 60 story hotel was designed by Chicago architect Lucien Lagrange and was developed by David Pisor. The project consists of two main parts: a 188-room hotel and 51 condominiums above (estimated at $280 million combined). In 2009, the condominiums were valued between $2.5 and $8.5 million. [1] The hotel opened in February 2009.
The hotel's 3,000 guest rooms were rebuilt into 1,544 larger and more elegant rooms; 600 were converted to double-sized rooms with two adjoining bathrooms. The renovated hotel helped to sustain a revival period in Chicago's South Loop neighborhood. The newly renamed Chicago Hilton and Towers reopened on October 1, 1985. [11]
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According to the "2010 City Guide: Chicago" edition of the Forbes Travel Guide, the building hosts one of the seven four-star restaurants in the city and one of the three four-star spas. The hotel is one of two four star hotels. In 2010, Chicago had two five-star hotels and two five-star restaurants. [40]
The Hyatt Regency Chicago is a 365-foot-tall (111 m) Hyatt hotel on East Wacker Drive in Chicago, Illinois. The hotel operates over 2,019 guest rooms in two different towers which were constructed in 1974 and 1980. The towers are connected by both an above-ground skyway and an underground concourse.
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