Underway since last fall, the adaptive reuse of Chicago’s old Olympia Building into a new boutique hospitality offer is starting to really come together. Located at 611 N. Wells, the four-story structure was previously home to single room occupancy (SRO) apartments. The restored building will eventually reopen as the ‘Found Hotel’ and feature 60 guest rooms, a ground floor cafe, and a basement speakeasy.
The River North project comes from LA-based Hawkins Way Capital with NORR Architects leading the design. The hotel conversion calls for structural reinforcements, accessibility enhancements, removal of the external fire escape, new windows, and a full restoration of the building’s old tin and cast iron exterior details.
The 25,000-square-foot Olympia Building is situated in the heart of River North’s high-rise construction boom. It is across the intersection from the soon-to-open rental tower at 640 N. Wells as well as Magellan’s upcoming Gallery on Wells.
- Old Olympia Building SRO to see new life as boutique hotel [Curbed Chicago]
- River North archive [Curbed Chicago]