P&A/Peebles/MFP – 1801 Vine Street Kimpton Hotel Development – Pennsylvania - Project Profile
"P&A/Peebles/MFP – 1801 Vine Street Kimpton Hotel Development – Pennsylvania - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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P&A Associates (P&A), MacFarlane Partners (MFP) and Peebles Corporation (Peebles) are jointly undertaking the construction of a hotel in Pennsylvania, the US.
The project involves the redevelopment of an existing family court building into a new luxury hotel.
The project will include the demolition of Family Court Building, the construction of 199 hotel rooms, meeting facilities, restaurants and bar, shops, a spa, a 325m2 ballroom, fitness center and a parking facility, and the installation of safety and security systems
In July 2013, the Philadelphia City Council (PCC) requested developers to submit their proposals for the site.
In February 2014, P&A and Peebles's proposal was selected for the site redevelopment. Kimpton Hotels has been appointed as management contractor for the project.
MFP will finance US$30 million through equity for the project.
In March 2014, McKissack & McKissack was appointed construction contractor for the project.
In May 2014, planning approval was secured for the project.
The one-third of project cost would be financed through equity from MFP.
McKissack is in process of appointing sub-contractors for the project.
In January 2017, National Park Service approved the renovation plans for the project.
Construction works are expected to commence in 2017 and scheduled to be completed by June 2018.
The project involves the redevelopment of the existing family court building into a new luxury hotel with 199 hotel rooms at 1801 Vine Street in Philadelphia, Pennsylvania, the US.
The US$90 million project includes the following:
1. Demolition of Family Court Building
2. Construction of meeting facilities
3. Construction of restaurants and bar
4. Construction of shops
5. Construction of a spa
6. Construction of a 325m2 ballroom
7. Construction of a fitness center
8. Construction of a parking facility
9. Installation of elevators
10. Installation of safety and security systemsReasons To Buy