Upscale Boutique Hotel Brand to Anchor Water Street District in Downtown Naperville

Developers of the Water Street District in Downtown Naperville have unveiled plans for the Hotel Indigo Naperville on the Riverwalk, an upscale boutique hotel set to open in 2015, as the anchor for the mixed-use retail, restaurant and office development on the south end of Naperville’s central business district.  Hotel Indigo Naperville will bring high-end amenities and national- brand caliber customer service for business and leisure travelers alike.

Every Hotel Indigo property is uniquely designed to reflect the culture, character and history of the surrounding neighborhood. Each hotel’s neighborhood story is woven throughout the guest experience, from the locally sourced food and drinks, to the art, photography and architecture incorporated into the hotel’s design. Oversized and interpretive photographic murals of local imagery are featured in public spaces and guest rooms, which feature plush bedding, hard-surface flooring with area rugs and spa-inspired bathrooms.

The Naperville hotel will consist of approximately 160 rooms, including Riverfront King Suites and Honey moon Suites.  The second- floor lobby will feature a great room with fireplace, a bistro-style dining area and wine bar`, as well as a health facility.  A pedestrian bridge will give hotel guests access to the Loggia Building with additional Riverfront rooms and suites as well as banquet accommodations, three intimate meeting rooms that can accommodate from 15 to 60 and a rooftop restaurant, overlooking the river and downtown Naperville.   It will be a major attraction for guests and visitors who can experience Naperville’s extraordinary downtown panoramic views.

“By aligning with InterContinental Hotels Group, the world’s largest and most global hotel company with a robust frequent guest program and international reservation system, we can ensure that our hotel will be rate sensitive, delivering a more luxurious experience with an approachable price point, suitable to our Naperville market,” says Nick Ryan, Managing Director of  The  Marquette Companies. “By design, the brand is refreshingly local, reflecting the culture, people and personality of the community.  When you walk into our lobby, you will get the Naperville vibe immediately. We’re proud of that.”

Marquette plans to involve the Naperville Heritage Society in bringing the area’s history and culture to life within the hotel space via unique interior designs and signature murals. The Hotel Indigo Naperville , owned by The Marquette Companies LLC and a group of local investors,  will be managed by IHG.

“Our spacious and well-appointed rooms and suites will offer both comfort and style to business travelers, family groups and bridal parties,” Ryan says.  “We look forward to providing accommodations for Downtown Naperville Girls Weekend events, the Naperville Marathon, the numerous guests, alum and families of North Central College, not to mention wedding parties at Naper Settlement and the many guests of Naperville companies and residents, who will love staying in walking distance of all the downtown attractions.”

“Because we plan to involve the Naperville Heritage Society, the history and culture of Naperville will be featured in the lobby, giving guests a glimpse into the life of Naperville,” says Jeff Prosapio, Project Manager for Marquette.  “We understand how special and unique Naperville is, and we want to celebrate that.”

Surrounding the Hotel Indigo Naperville, the Water Street District will offer a variety of restaurants, retail shops and the signature Riverwalk.  Downtown businesses north of the DuPage River can be accessed via Main Street and the covered bridge at Webster Street.  Expansion of the Riverwalk on the south side of the river will feature brick pavers, an art wall and seating, and will be reached by a broad staircase, patterned after the Spanish steps, in Rome,  leading from the Plaza and fountain area between the Loggia and Theatre buildings.  A 500+-space public/private parking facility will be adjacent to the hotel, providing parking for the Water Street district and additional downtown visitor parking.

On learning of the plans for the Hotel Indigo Naperville on the Riverwalk, City Councilman Joe McElroy remarked “I think the Hotel Indigo Naperville will bring value to the community-it’s  the missing piece of the puzzle for the downtown.  The concern is whether this will have any adverse effect on our existing hotels.  I think and hope that this hotel will compliment, not simply compete with what we already have.  From the financial projections we’ve seen, it looks like this will be a big asset to the city.”

Councilman Steve Chirico concurs, ““I think this is great news for the City.  I’m really excited to have such a high quality boutique hotel in our downtown.  It will make a great anchor to the Water Street development.”  He added “I’m just anxious to get everything started so we can all enjoy it!”

The Hotel Indigo Naperville on the Riverwalk will participate in IHG’s guest loyalty program, IHG® Rewards Club. The industry’s first, largest and fast-growing hotel rewards program with more than 74 million members is free to join. The scale and diversity of the IHG family of brands means that its hotels can meet guests’ needs whatever the occasion.

The Hotel Indigo brand, the world’s first global branded boutique hotel brand, has grown rapidly since its launch in 2004. It continues to be a strong growth vehicle for IHG with its strategy focused on growing in top-tier priority markets and gateway cities. With a quality global pipeline, the Hotel Indigo estate is expected to double in size to within the next three to five years. The brand has recently seen growth in top U.S. markets with openings including the Hotel Indigo BrooklynHotel Indigo New Orleans Garden District and Hotel Indigo Anaheim Maingate hotels and  strong international growth, with openings including of the Hotel Indigo Barcelona – Plaza CatalunyaHotel Indigo Hong Kong Island, and Hotel Indigo – Tel Aviv – Diamond Districthotels. This is the second signing in the Chicago market this year, with a hotel expected to open in the Millennium Park area in late 2014.

The Marquette Companies is a Naperville, Ill.-based private real estate company that has been a leading property manager and developer since 1983. Today, Marquette sets itself apart as a “boutique-sized” company that is aggressively expanding its private portfolio as well as its property and fee management division. Marquette has experience in downtown redevelopment and significant expertise purchasing value-add opportunities in underperforming and undervalued real estate assets across the country to reposition or redevelop them. Nationally, The Marquette Companies owns and/or manages more than 10,000 units, including apartment communities in Colorado ( including 193 units above the Ritz Carleton Hotel in Downtown Denver),  Kansas, Illinois, Michigan and Texas.  For more information on The Marquette Companies, visit www.marquettecompanies.com, and for Marquette Management, visit www.marquettemanagement.com.

For more information on the Water Street District, visit www.waterstreet communityinfo.com.   For leasing information contact Larry Kling, lkling@metrocre.com or Nathan Tonnies, ntonnies@metrocre.com at  Metro Commercial Real Estate at (847) 412-9898.

Marquette Companies and Ryan Hill Realty Take Lead on Naperville Sunrise Rotary Holiday Light Display

Developers of the new Water Street District in Downtown Naperville are partnering with Naperville Sunrise Rotary to make the holidays even brighter in downtown Naperville this year.  Marquette Companies, along with Ryan Hill Realty are the Presenting Sponsors of Naper Lights, a pedestrian-friendly holiday light display scheduled to light up Central Park on weekends from Thanksgiving until New Year’s Day.  The display, a fundraiser of Naperville Sunrise Rotary, will feature several giant holiday light displays, decorated light poles and trees as well as a lighted arched entry leading from the Washington Street entrance to the park.  The lighted gazebo will offer hot chocolate to warm visitors as they stroll around the park.  The event is free to the public.  Free-will donations to Naperville Sunrise Rotary will be welcomed.

“We love the holidays and we’re excited to help brighten residents’ celebration and enhance the experience of visiting, shopping and dining in downtown Naperville,” says Nick Ryan, Managing Partner  of Marquette Companies.  “To be able to help Sunrise Rotary raise money to help young people who will be our future leaders is icing on the cake.”

Naper Lights 2013 is a pilot program of Naperville Sunrise Rotary.  Founding Sponsors will be recognized over the first three years of the event, scheduled to grow in 2014.  “We needed to get going this going this year as we plan an even larger event for the future,” says Sunrise Rotary President John Nania. “These displays are very successful and exciting in other parts of the country and we see the experience growing to a major presence in the coming years.  As a club, we have many concerns about the health, safety, education  and mentorship of young people and this project will help support local, County and international projects over time.”

For more information and sponsorship opportunities for Naper Lights 2013 visit www.napervillesunrise.org.

Marquette Companies “Seeds” Concept for North Central College Park on Washington Street

Marquette Companies, developers of the Water Street District in downtown Naperville, has made a donation to North Central College to begin the design process for the gateway park that will replace the demolished eyesore building at 430 South Washington Street.  Dubbed ‘The Park at 430’, the space will provide a visual and physical entry to the college campus off Washington Street, adjacent to Fredenhagen Park and the College’s newly-dedicated Riverwalk Gateway.

“Marquette is happy to contribute the first $7500 in seed money toward the design concept for the space,” says Nick Ryan, Managing Director.   “Since we share a vision for a pedestrian-friendly and picturesque Downtown, we thought this would be a great way to help get the College’s vision for the park started. I think we all celebrated the removal of the old building on that site,” he said.  “This type of public-private partnership is what makes our community great.   We are also excited to be adding a boardwalk and plaza to enhance the extension of the Riverwalk on the south bank of the river as the Water Street project is constructed.”

“ Marquette has always been a supporter of North Central, from general funding to fine arts to academic programs,” say Rick Spencer, Vice President of Institutional Advancement. “We were not surprised that they would step up again, as an example of how corporate citizens value the College as part of the community.  That relationship is critical to us.  The park project is really a cooperative venture between the College and the community, and we are so grateful that Marquette understands that and wants to play a part in getting it started.”

Marquette has received City Council approval for the PUD for the Water Street District, a mixed use development on Water Street between Main and Webster Streets.  The development will feature a mix of retail, restaurant and class A office space as well as a 166-room upscale, urban boutique hotel, and a 524-space public parking garage.  Construction is expected to begin this year.

For information on the Water Street District in downtown Naperville, visit www.waterstreetcommunityinfo.com.