Located at 465 W Cermak Road, the historic Hoyt Building has been a Chinatown landmark since 1909. Originally designed by the renowned Nimmons & Fellows, its Prairie-style façade in the Cermak Road Bridge District has long been an architectural marvel, though its potential has been dormant due to years of vacancy.
After shedding its previous developer and seeing halted restoration attempts in the past, the Windfall Group, based in Aurora, has successfully received initial approval for a redevelopment project. Partnering with SPACE Architects + Planners, the new vision for the Hoyt Building is to transform it into ‘Pacifica of Chicago’, a bustling community hub.
One of the main focuses of this redevelopment is to honor the building's history. Therefore, exterior renovations will consist of:
- Restoring the existing facade
- Re-opening filled-in windows
- Cleaning ornamental details
- Vehicle drop-off loop
- Main entrance with preserved facade features
- Inviting riverwalk entrance
The redevelopment's interior blueprints are just as ambitious. Apart from incorporating three new elevators for enhanced accessibility, the design reveals a dynamic mixed-use layout. This will feature the following:
- The 280,000-square-foot space will house a 4-star extended stay hotel
- A grocery store
- Multiple commercial establishments
- A Spa
- Medical center
- An arcade that traverses the bottom two floors connecting to the riverwalk
The ‘Pacifica of Chicago’ aims to be more than just a commercial structure. Drawing from the essence of other Pacifica destinations, it's set to offer a plethora of leisure activities, local services, and cultural amenities. Windfall Group's vision extends beyond the Hoyt Building, with plans of acquiring surrounding lots for additional commercial spaces and parking.
A crucial aspect of the redevelopment is to preserve the building's rich architectural history. This includes the restoration of the facade with its brick piers adorned with limestone and terracotta. Efforts will also be made to ensure the envelope is rehabilitated, including masonry joint repointing, window replacements, and more. An arcade will be carved into the east elevation, with a sunken plaza leading to the riverwalk, enhancing the structure's overall aesthetic appeal.
Rooftop designs for the Hoyt Building are set to be state-of-the-art. These plans will include:
- Replacing skylight glazing
- Installation of solar panels and modern HVAC units
- Courtyards framed with glazed storefronts and metal cladding on the upper floor
The 1911 annex structure will also undergo modifications, tailoring it to the development's needs.
With the Permit Review Committee's approval, the redevelopment is inching closer to realization. The Windfall Group aims for a groundbreaking in Spring 2024. As they seek a Class L tax incentive, the project will also be presented to the full Commission on Chicago Landmarks for further approvals.
The Hoyt Building's transformation into the ‘Pacifica of Chicago’ is emblematic of the potential dormant landmarks possess. Through thoughtful planning and architectural prowess, this redevelopment is set to rejuvenate Chinatown, providing residents with a modern community hub while paying homage to its historic essence.
DataBid is currently reporting on this project - Pacifica of Chicago Mixed Use Redevelopment Chinatown - Chicago (0014011323)