VERNON HILLS, IL-Intercontinental Hotel hosted the grand opening today of the third Chicagoland Hotel Indigo location in the Chicago area. The 84,000-sf, 127-suite hotel came from a $5 million renovation of what was previously an AmeriSuites, at 450 N. Milwaukee Ave. Northbrook, IL-based Lane Hospitality will manage the branded-boutique hotel for owner FCLC Vernon Hills LLC under a license agreement with a Intercontinental.

“The ownership group decided to do such a radical change,” a Lane spokeswoman tells GlobeSt.com. “This is a suburban market, however a lot of the Fortune 500 companies have been moving to this area for years. This will fill the niche of an urban-style hotel in a suburban market.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.