Guarantee Building is being redeveloped into LondonHouse, a 452-room lifestyle
hotel that is scheduled to open on the southern end of the city’s Magnificent Mile in spring 2016.
LondonHouse, located at the corner
of Michigan Avenue and Wacker Drive, will be built out
of the 92-year-old building and an adjoining 22-story tower under
The LondonHouse will comprise a 92-year-old building and a new tower.
The hotel will include 25,000
square feet of meeting space and a rooftop dining area in the older building’s
LondonHouse is a nod to the old
London House jazz club that was housed in the London Guarantee Building before
closing in the 1970s. Oscar Peterson, Bill Evans and Dave Brubeck were among
the jazz luminaries who played there.
The hotel is being developed by
Oxford Capital Group, which has built 11 Chicago-area hotels.
Oxford Capital redeveloped the Langham Chicago out of the IBM Tower,
which was built in 1973 just across the Chicago River from the London Guarantee
Building and is listed in the National Register of Historic Places. That
316-room hotel opened in 2013.