Shovels went in at a well-attended groundbreaking with Mayor Nutter in mid-April 2012. It sits directly across from the Reading Terminal Market.
Parkway Corp., which owns parking lots and garages throughout the city, is codeveloper. The nine-story hotel has floor-to-ceiling windows, an indoor pool, and a gym next to a laundry room, and will feature three tenants on the ground floor - BurgerFi (set to open in October) and Panera Bread (to open sometime later), and a third, yet-to-be named retailer.
"It's funky and relaxed," said Robert Zuritsky, president of Parkway Corp., of the hotel's decor, which includes a historical map of Philadelphia on one wall and an "accessory wall" with artifacts in the lobby. It's also environmentally efficient, with a rooftop garden and built to LEED-certified standards. Some chairs are made from recycled soda bottles and tables from old bowling lanes.
Each of the suites has a fully stocked kitchen with utensils and a microwave that Zuritsky said was geared toward attracting families, business travelers, and extended-stay guests. About 30 percent of business, he said, will come from conventioneers. The hotel is kitty-corner from the Convention Center.
Its closest competitors in Center City are the Courtyard by Marriott Philadelphia Downtown, Residence Inn by Marriott, and the Hampton Inn.
The Home2Suites is the 20th to open in the United States and the brand's largest facility.
A Tuesday-night stay cost $199, and price will vary according to season and demand.
Contact Suzette Parmley at 215-854-2855, firstname.lastname@example.org, or on Twitter @SuzParmley.