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Ace Hotel chain co-founder dies in London at 47

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By AP

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Updated: Sun, 17 Nov 2013 07:18:27 EST

SEATTLE (AP) — Alex Calderwood, the Seattle co-founder of the hip Ace Hotel chain, has died in London at age 47.

The company said on its website he passed away Thursday, but released no information about the cause. The statement calls Calderwood "our teacher, mentor, guru and most importantly our dear friend."

In 1999, he helped launch Seattle's Ace Hotel in a flophouse that formerly served maritime workers. It's renowned for its style, with repurposed furniture, record players and guestroom art by Shepard Fairey — who later became famous for creating the "HOPE" poster that came to symbolize Barack Obama's 2008 presidential campaign.

Ace Hotels later opened in Portland, Ore.; New York; and London, with others scheduled to open in Los Angeles and Panama City, Panama.

Calderwood also started a chain of barbershops called Rudy's in Seattle, with locations now in Los Angeles, New York and Portland, Ore.

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