Components: 300-rm Luxury Hotel , 600-rm Full-Service Hotel, 250-rm Select Service Hotel
Project Value: $300 million
SAG assisted a private land owner study the feasibility of developing of a hotel complex on a site in the central business district of Philadelphia. The analysis assessed the development of luxury, full-service and select service hotels. It was concluded that a combination of full-service and select-service rooms should be developed. The analysis also determined that development costs were greater than the warranted private investment, and that the public sector would need to support the project to make it feasible.