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Chicago & Midwest  + Downtown  + Hospitality  |  August 7, 2018
Paul Bubny
By: Paul Bubny

Atlantic Bank Building Sees Rebirth as Boutique Hotel

The historic Atlantic Bank Building, vacant for a decade, will see new life as a boutique hotel named for a patron saint of travelers. The Julian Hotel Chicago, at 168 N. Michigan Ave., has been developed by locally-based Oxford Capital Group and London-based Quadrum Global. It’s due to open this October.

“The building had been an eyesore for many years, right on Michigan Avenue,” John Rutledge, president and CEO of Oxford Capital, told the Chicago Tribune. “We were excited to take it on because we love the challenge of complicated projects, and we believe the area between Randolph and the river has become a really important strip of Michigan Avenue.”

That stretch of Michigan Avenue happens to be located near Millennium Park, which has become an important Chicago tourist destination. Another boutique property, the St. Jane Chicago, recently opened nearby on the former site of the Hard Rock Hotel.


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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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