New Homewood Suites In University City

Hilton Worldwide is working on two new hotel projects in University City; a new $50 million Homewood Suites at 41st and Walnut St and a $10 million renovation of the Hilton Inn at Penn at 3600 Sansom St.  The Walnut Street hotel will feature 136 extended-stay suites, averaging 500 square feet.  Hotel amenities will include a free shuttle to area facilities like the Penn campus, University of Pennsylvania Hospital, and Children's Hospital of Philadelphia.  The second phase of the development will include a 150,000 sq ft office building.

The project was jointly financed by the state, Philadelphia Industrial Development Corp., The Reinvestment Fund, US Bank Community Development Corp. and Beneficial Bank.

Developer: Campus Apartments
Architect: Alesker and Dundon Architects
Project cost: $50 million
Land Purchase price: $1.5 million
Location: 4109 Walnut St.- University City
Completion Date: 2012

No comments:

Post a Comment