Historic Jewelers Building sold for more than $7 million, will be redeveloped as hotel
A 39-room boutique hotel is planned for the historic Jewelers Building in the Loop after the 136-year-old building sold this month for $7.2 million.
A joint venture of Peerless Development and Honoree Properties bought the 40,000-square-foot building at 19 S. Wabash Ave., which is a city landmark...