The Adler & Sullivan designed Jewelers Building, originally known as the S.A. Maxwell Store, located at 19 S. Wabash, will be converted to a boutique hotel. The Jewelers Building was built in 1882 and became and Designated Chicago Landmark in December 1981. This is one of only a few surviving early Adler & Sullivan buildings in Chicago and is an outstanding example of a commercial commission from their early period.
“The architecture is just incredible. There’s nothing designed like it anymore. You’re not just seeing one of those huge skyscrapers going up; we’re restoring a historic building,” said Daniel Knorps, broker for the developer (Olumhense, Chicago Tribune, 4/19/18)
The 39-key adaptive reuse boutique hotel project is a joint venture of Peerless Development and Honoree Properties with boutique hotel operator Sonder. Space Architects have been selected for the project. The development cost is estimated at $15 million with the hotel opening anticipated in 2020. Sonder is also opening boutique hotels in the Plymouth Building, a Designated Chicago Landmark, and the historic Waterman Building on State Street.