Ceremonial Groundbreaking For New Hotel In Heart of Philadelphia’s Convention District
In an exciting development for Philadelphia, a ceremonial groundbreaking was held for a new hotel strategically located directly across from the Pennsylvania Convention Center. The hotel, named Home2 Suites by Hilton, is poised to welcome visitors and convention-goers alike to the bustling area, specifically at the intersection of 12th and Arch Streets.
Hotel Features and Significance
The new establishment will feature 246 suites designed to cater to both business travelers attending conventions and tourists eager to explore nearby attractions like the Reading Terminal Market and Chinatown. Philadelphia’s Mayor, Michael Nutter, expressed his enthusiasm for the project, highlighting its potential to invigorate the local economy.
“This is all about jobs and economic vitality, so we’re very, very excited about this,” Mayor Nutter stated during the ceremony. He emphasized that the development not only serves the tourism industry but also provides employment opportunities for local residents, stating, “It puts Philadelphians to work, and we have some of the most highly trained workers anywhere in the US.”
Investment and Job Creation
The Home2 Suites represents a significant investment of $60 million, with the hotel scheduled to open its doors in the summer of 2013. The construction phase is set to create 123 jobs, while upon completion, the hotel will provide 146 permanent positions for the community.
Projected Impact on the Community
This development is seen as a positive step towards revitalizing the local economy, especially in light of the challenges faced in recent years. The construction of the hotel aims not only to enhance the lodging options available to visitors but also to support the surrounding businesses that benefit from increased foot traffic.
Project Overview
| Feature | Details |
|---|---|
| Location | 12th and Arch Streets, Philadelphia |
| Number of Suites | 246 suites |
| Total Investment | $60 million |
| Construction Jobs | 123 jobs |
| Permanent Positions | 146 positions |
| Expected Opening | Summer 2013 |
As Philadelphia prepares for the opening of Home2 Suites, the city anticipates the renewed energy it will bring to the Convention District, marking a promising chapter in its ongoing economic recovery.
