Hyatt House Chicago Evanston

Evanston, IL     |     114 Rooms      |     Investment, Development

Opportunity
Janko Group negotiated the purchase of a small one-story office building that was a well-located infill site in downtown Evanston, IL. After a lengthy due diligence period working with the City of Evanston on zoning and accommodating neighbors, we obtained unanimous approval for an eight-story Hyatt House extended-stay hotel on the site. The tight urban infill location was a development challenge.

Results
Janko Group’s approach to hospitality development is to analyze the unique aspects of a site and fill an unmet need in the market. In this case, we capitalized on the terrific downtown Evanston location that is close to local businesses and retailers, as well as Northwestern University and Lake Michigan. The Hyatt House, Evanston’s first new hotel in 15 years, opened in May 2016 and has immediately become a market leader.