Chinese investors plan to develop a hotel close to Chinatown, another example of how thelodging boom is spreading to city neighborhoods outside of downtown.
A group led by Chicago-based investor Kin Kuong Chong wants to build a five-story, 60-room hotel at 2010-20 S. Archer Ave. just east of the busy neighborhood on the Near South Side, according to a zoning application expected to be introduced into City Council today.
The proposal lengthens the list of lodging projects investors and hotel operators are trying to kick-start in parts of the city far from the traditional hotel districts in the Loop and near the Magnificent Mile.
Developers have pitched hotels for……. read more