The process is finally underway to selecting a developer to convert the historic local landmark at 1801 Vine Street into a hotel. The presence of government institutions on the Parkway will finally be a mistake of the past and we can now envision a more complete future that embodies culture, education, livability, leisure, entertainment, and exploration.
After a Request for Qualifications (RFQ) process last year, five development teams were selected to submit proposals for the property's reuse in a process being overseen by the Philadelphia Industrial Development Corporation (PIDC). The five teams are: HRI properties, Dranoff Properties, Peebles, P&A Associates, and Logan Square Holdings. Proposals are due July 10 and will be evaluated by a selection committee comprised of representatives from city agencies.
The pre-qualified developers are being asked to consider turning the building's upper floors into a hotel, find creative ways to retain public access to areas of the ground floor's historically designated interiors, and must achieve a minimum sustainability threshold of a LEED Silver rating.