UPTOWN — City Pads has bought its second single-room-occupancy hotel in Uptown this summer.
Earlier this week, the developer purchased the Wilson Men's Hotel at 1124 W. Wilson Ave., according to Uptown Update, which first reported the acquisition.
The purchase was confirmed by City Pads and the 46th Ward Office. An employee answering the phone at the SRO refused to comment.
"City Pads is thrilled to offer modern, quality and affordable housing options for residents in the Uptown community," the developers said in a statement to Uptown Update.
Developers also purchased the former Hazelton Hotel at 851 W. Montrose Ave., according to Tressa Feher, chief of staff for Ald. James Cappleman (46th).
While she didn't have many specifics about the Wilson Men's Hotel project, developers are planning to rehab the interior, she said.
"It may still be an SRO, but it is going to have market rate units with some affordable housing depending on the Department of Planning [and Development,]" Feher said.
Affordable housing activists said the sale will lead to more people in the neighborhood becoming homeless.
In 2012, the owner of the much-scrutinized hotel, which offered single-room occupancies for about $80 a week, began considering alternate uses for the property.
The hotel has failed more than two dozen building inspections since the 1990s, including four consecutive inspections in 2016 and 2017, according to city records.
City Pads also owns a property at 4022 N. Sheridan Ave. in Buena Park, according to its website.