1920 opening and historic significance
The Drake opened on December 31, 1920 — New Year's Eve, with a substantial gala launch that befit the hotel's ambition to be one of Chicago's premier properties. The substantial Italian Renaissance Revival building, designed by Marshall & Fox, was built at the corner of Michigan Avenue and Walton Place at the northern edge of what would become the Magnificent Mile shopping district.
The hotel's prominence was established quickly. The substantial Palm Court for afternoon tea, the various dining establishments, the substantial guest rooms, and the broader luxury amenities attracted the discerning travelers and Chicago social elite of the 1920s. The Drake's place in Chicago's social and cultural life was secured within its first decade of operation.
Across the subsequent century, The Drake has hosted nearly every American president from Calvin Coolidge through the present, various international royalty including the Emperor and Empress of Japan, countless celebrities and cultural figures, and the substantial regular customer base of business travelers and tourists. The continuous luxury operation across more than 100 years gives the property genuine prestige that newer hotels — even good ones — cannot replicate.
