Situated at the intersection of East Lake Street and North Wabash Avenue,[1] the Old Dearborn Bank Building was constructed between 1926 and 1928 with ornate medieval and mythological terra-cotta decoration that was typical of movie palaces that were its contemporaries.

[2][3] Soon after the Old Dearborn Bank opened in 1928, it was acquired and its parent company was liquidated in the United States' Great Depression.

[4] The co-designers for the interior renovation were Rockwell Group Europe and Virgin Hotels' in-house design team.

Original features that were retained include a 1920s oak cigar bar, brass elevator lobby doors and a tiled ceiling.

[4] The focal point of the renovated building is the publicly accessible Commons Club on the second floor, with a contemporary-style bar, a full kitchen, a lounge area, curated books and local memorabilia.

[12] The website also suggests that the app can control room temperature, interface with the chat board, provide local knowledge, and coordinate your messages with hotel staff.

She found fault with the gym, toiletries, and delayed spa opening, but enjoyed the social ambiance, the normal retail prices of minibar items (rather than more standard hotel overpricing) and the top notch free Wi-Fi.