The $41 million conversion of the landmark Chicago Motor Club building into a hotel would be
supported by a property tax incentive introduced to City Council today by Mayor Rahm Emanuel.
 
The Class L incentive, which encourages the preservation and rehabilitation of landmark
properties, would lower the cost of property taxes on the building by an estimated $10.2 million
over 12 years.
 
The 15-story, Art Deco structure at 68 E. Wacker Place was purchased last year by Integrated Motor
Club LLC, which plans to rehabilitate it as a Hampton Inn hotel. Interior work would include the
creation of 143 guest rooms, replacement of the building’s mechanical systems, and restoration of
its three-story lobby, which features a mural of early U.S. highways. Exterior improvements would
include repairs to the building’s facade, windows, and entrance.
 
Designed by the architectural firm of Holabird & Root and completed in 1928, the building is the
former home of the Chicago Motor Club, an organization that promoted auto travel. It was
designated a Chicago landmark in 2012.
 
The project would create an estimated 250 temporary and produce 25 permanent jobs upon
completion.

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