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Illinois, Celadon Unveil $100 Million Redevelopment of Pullman’s Hotel Florence

The plan channels $21 million in state funding to anchor the Illinois Department of Natural Resources’ largest public‑private partnership to date.

Overview

  • Officials announced a public‑private effort to restore the 1881 Hotel Florence as a boutique hotel, dining destination and cultural venue within Pullman National Historic Park.
  • Project components include rehabilitating the hotel’s 1914 annex, adding new restaurants and creating a concert hall in the former Pullman Factory across the street.
  • Celadon Partners is leading the development, with Gov. J.B. Pritzker framing the effort as a preservation‑driven boost for the Far South Side’s economy and tourism.
  • Farr Associates is designing the project and is inviting residents to share historical artifacts and photos to inform restoration and interpretation.
  • Construction is projected to start in March 2027 with completion targeted for late 2028, timelines that remain contingent on final design, permitting and continued funding execution.