Chicago & Midwest + North Side + Hospitality | April 20, 2018

Gold Coast’s Hotel Indigo Will Take on Original Name Post-Renovations

The Hotel Indigo, acquired out of foreclosure by San Diego-based Interwest Capital in 2016, will get a “new” name following the completion of a $9-million renovation. Its post-renovation moniker will be the Claridge Hotel, the name under which this 165-key Gold Coast property opened in 1923.

Locally-based Oxford Hotels & Resorts, an affiliate of Oxford Capital Group, will manage the renamed Claridge. “We thought resurrecting and reinventing the Claridge name gives it a nice hospitality orientation,” said Oxford Capital CEO John Rutledge. “It has the feel of a home away from home.”

Interwest will continue to own the property, which took on the Hotel Indigo brand in 2005. The renaming will take effect sometime next month, when the renovation program designed by Chicago’s Gettys Group will be completed.

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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 13-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 15-20 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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