Monday, April 14, 2008

Intercontinental Hotels Throws Hat In Ring, Wants A Piece Of Philly’s Sexy Too

So the 1601 Vine development has finally secured itself a hotel — it's going to be “the region's first for the Intercontinental chain, a division of Atlanta-based Intercontinental Hotel Group that is better-known abroad than in this country.”

The Philadelphia Intercontinental will occupy 16 stories of the 1601 Vine development’s 40-story tower (the first 16, above the two podium floors that will hold Whole Foods, Best Buy and lots of parking), with approximately 250 rooms and five floors of public spaces.

The development's second tower will be all-residential. Expect to break ground by June 1. [ Philadelphia Inquirer ]

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