11 S LaSalle / Marriott Residence Inn

Chicago , IL
Cost: $140 million | Previous Use: Office | Current Use: Hotel

Project Details

Completed in three stages, the Lumber Exchange building’s first sixteen-stories were designed by Holabird & Roche in 1915, followed by five additional stories seven years later. In 1926, Andrew Rebori added a 36-story tower and renamed the building the Roanoke Building and Tower.


In 2016, The Prime Group, Inc. completed a $140mm rehabilitation of the Lumber Exchange and Tower, now a Residence Inn by Marriott in Chicago’s Central Loop. Heritage guided The Prime Group, Inc. through the National Register Nomination and Federal Historic Tax Credit process, as well as in attaining Chicago Landmark Status.


Incentives Utilized:


  • Federal Historic Tax Credits
  • Chicago Class L Property Tax Incentive


Photos provided by The Prime Group, Inc.