Exciting news, Philadelphia. This week, Kimpton Hotels & Restaurants officially announced plans to develop a third Philadelphia hotel, bringing its sophisticated brand to the Benjamin Franklin Parkway.
In 2016 or 2017, the 247,000-square-foot building that’s long served as home to Pennsylvania’s Family Division of the Court of Common Pleas will transform into a brand-new $85 million 199-room Kimpton Hotel.
The historic building at 1801 Vine Street was completed in 1941 and is currently listed on the Philadelphia Register of Historic Places. But don’t worry, as with Kimpton’s other Philadelphia developments, the plans are set to maintain important historic elements — including the preservation and maintenance of the building’s 37 interior murals.
The operations of the Family Court will relocate to a new facility, currently under construction, later this year.
The new hotel will feature a grand total of 199 guest rooms, a whopping 16,000 square feet of spa and fitness space, 14,000 square feet of meeting and event space, and 5,800 square feet for a restaurant and bar. Whoa.
Besides redeveloping a stunning Parkway landmark, the new hotel will provide additional access to the bevy of major arts and culture attractions along the Parkway, like the practically adjacent Barnes Foundation, the Philadelphia Museum of Art, the Academy of Natural Sciences, The Franklin Institute and the Free Library of Philadelphia.
This new Philadelphia property will be Kimpton’s third local historic renovation — Hotel Palomar and Square 1682 restaurant opened in Rittenhouse in 2009 and Monaco Philadelphia and Red Owl Tavern opened overlooking Independence Mall in 2012.
Handling the adaptive reuse development of the property, the experienced Peebles Corporation and P&A Associates won the bid to manage the project and are planning to commence construction in late 2014 or early 2015, with an expected completion of the hotel sometime in 2016 or 2017.
The largest, most established player in the boutique hotel segment, Kimpton currently operates 60 artfully designed hotels and nearly 70 distinctive restaurants and lounges in 26 cities in the United States and Canada.
We can’t wait to see what this dynamic group brings to the Benjamin Franklin Parkway.
Luxury hotel to replace Family Court [Philly.com]
Showing Some Love: Kimpton Lands a Mural-Filled Third Property in Philly [HotelChatter.com]