Have you ever wondered who owns the London House in Chicago? This iconic building has been a fixture of the Windy City’s skyline for decades, but its ownership has changed hands several times over the years. In this article, we’ll take a closer look at the history of the London House and explore who currently holds the keys to this historic property.
The History of the London House
The London House was originally built in 1923 as an office building for the insurance company CNA. The building was designed by architect Alfred S. Alschuler and featured a distinctive Art Deco style that quickly made it one of Chicago’s most recognizable landmarks. In 1946, CNA sold the building to Sheraton Hotels, which converted it into a hotel and renamed it the Sheraton-Chicago Hotel.
For many years, the Sheraton-Chicago Hotel was one of Chicago’s premier destinations for business travelers and tourists alike. However, by the early 2000s, the hotel had fallen on hard times and was in need of significant renovations. In 2005, the hotel was acquired by Oxford Capital Group LLC, a real estate investment firm based in Chicago.
Oxford Capital Group LLC Takes Over
Under Oxford Capital’s ownership, the Sheraton-Chicago underwent a major renovation and rebranding effort. The hotel was transformed into a luxury boutique property called Hotel Sax Chicago, which featured sleek modern design elements alongside nods to its historic Art Deco past. The hotel’s restaurant and bar were also rebranded as “The London House,” in honor of its iconic rooftop location overlooking the Chicago River.
In 2016, Oxford Capital sold Hotel Sax Chicago to Hilton Worldwide Holdings Inc., which rebranded it as “LondonHouse Chicago” – combining both names that had been associated with this iconic building over time.
Hilton Worldwide Holds Ownership Now
Today, the LondonHouse Chicago remains one of the most popular hotels in the city, attracting both locals and tourists with its stunning views, luxurious amenities, and rich history. And while ownership of the building has changed hands many times over the years, it’s clear that its iconic status as a symbol of Chicago’s rich architectural heritage is here to stay.
In conclusion, the London House in Chicago has a rich history dating back to its construction in 1923. While it has changed hands several times over the decades, it remains an important landmark in Chicago’s skyline and a popular destination for travelers from around the world. Its current owner is Hilton Worldwide Holdings Inc., which continues to maintain and operate this historic property for future generations to enjoy.
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