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HomeMy WebLinkAbout09.21.15_New_Chapter_for_Former_Chase_TowerCITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR Office of the Mayor CONTACT: Kara Kelly, (574) 235 -5853 kkelly @southbendin.gov FOR RELEASE: Monday, September 21, 2015 NEW CHAPTER FOR FORMER CHASE TOWER WITH STARWOOD BRAND HOTEL AND APARTMENTS Aloft South Bend, a Starwood Hotels & Resorts Worldwide brand hotel, will occupy the former Chase Tower, 211 W. Washington Street, remaking downtown South Bend's tallest building as part of a $30- million mixed -use development. Starwood's first hotel in the region, Aloft South Bend will feature 183 loft -style rooms on 11 floors of the building, 3,750 square feet of meeting space, and a new entrance on Main Street with a restaurant and lobby bar. The hotel and retail development is the first phase of the mixed -use project that will also feature the conversion of former office space into 83 apartments. Rehabilitation of the existing parking garage is set to begin this fall with the new hotel scheduled to open in early 2017. The former Chase Tower will undergo a comprehensive renovation that will entail both exterior and interior improvements as well as new mechanical systems. Kramer Design Group, the architect and designer of Aloft Detroit at the David Whitney, will lead the $15 million redesign of the hotel. South Bend -based Bradley Company is also teaming up to support the project. "This investment follows the City's lead with the upcoming Smart placemaking efforts to create a vibrant atmosphere downtown. Aloft South Bend will become an attraction for residents and visitors alike," says Brad Toothaker, President and CEO of Bradley Company. "We look forward to transforming South Bend's tallest building into a property worthy of its stature." The building's owner, the Tower at Washington Square, LLC, will be seeking tax abatements on the building's new components in a petition that will come before the South Bend Common Council approval at its September 28 meeting. "Bringing new life to this major downtown building keeps the city's economic momentum going," says Tim Scott, Common Council President. "This will create jobs and further facilitates a compelling downtown experience." fsou 6\ /i Page 2 South Bend will add about 500 hotel rooms over the next two years. Rob DeCleene, executive director of Visit South Bend Mishawaka, says occupancy has been steadily increasing over the past few years and more rooms are needed downtown. "This welcome development will meet an increasing need for more hotel rooms downtown," DeCleene says. "Aloft South Bend will boost tourism and provide more options for visitors, including convention and trade show planners, in an ideal location." The project is modeled after Aloft Detroit at the David Whitney which also includes a hotel, apartments, restaurant, bar and lounge areas. All apartments at the David Whitney have been leased, according to the management company who is taking applications for a waiting list. "A major new investment in downtown South Bend is yet another vote of confidence in our city," Mayor Pete Buttigieg says. "The Aloft South Bend project offers great potential for job creation and promises to make this important building a centerpiece of a thriving downtown area." E°f°: