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SoHo House Hotel Should Start This Year

CHICAGO-The London-based firm announced it is opening five new properties in Barcelona, Istanbul, Mumbai, Toronto and Chicago, with the latter being the first Midwest property.

By Robert Carr | Updated on May 31, 2012

CHICAGO-The Soho House Group, owners of private clubs for those in the media and entertainment industry, should break ground this year on a redevelopment of a warehouse at 113 N. Green St. The 91,000-square-foot building will be transformed into a six-story hotel with three restaurants and a spa by two local companies, Shapack Development and AJ Capital Partners.

The Soho company was founded in 1995 in London,  and the company has membership clubs at various locations around the world, including New York City, Miami, West Hollywood, CA and Berlin. Late last year, Los Angeles-based billionaire Ron Burkle purchased a majority stake in the company through his private equity fund Yucaipa Cos. and took over as chairman.

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