Travel / Hotels: Ace: the Place Between Boutique and Cheap

Seattle buddies and night-life impresarios Wade Weigel and Alex Calderwood realized that there was really no place to stay for the people in their crowd--designers, DJs and other fashion-conscious urbanites. So with partner Doug Herrick they took over a former halfway house in a downtown neighborhood and created Ace, Seattle's new haven for flophouse chic--a mode that could be hospitality's next wave. "They're outsiders," says Ian Schrager, the pioneer of hip hotels. "Which is the way we were, and which I like."

Ace is a kind of superaesthetic barrack, with an in-the-know economy of style. Vintage French army blankets cover the...

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