Regions Midatlantic | Philadephia
New Hotel Raises its Flag in Philly
Aug 15, 2008

Starwood Hotels & Resorts Worldwide Inc. has completed development of yet another hotel under its new Aloft lifestyle brand. Aloft Philadelphia Airport, located at 4301 Island Ave., is a five-story structure featuring 136 guestrooms, a fitness center and a conference room. Starwood managed to wrap up development of the Philly locale ahead of schedule; the company previously announced that the hotel would swing its doors open to guests on September 8. On a mission to bring its new premium select-ser vice brand to the market with a splash, Starwood is on a development spree. It revealed its first property under the flag, Aloft Montreal Airport in June, and opened its first U.S. Aloft destination in Ontario, Calif., later the same month. Aloft Chicago O'Hare and Aloft Charleston Airport & Convention Center have also recently come on the hospitality scene.

 
Recent Philadelphia Headlines
Proposed $1B Philadelphia Skyscraper Gets Zoning Approvals, Awaits City OK
Nov. 21, 2008
The American Commerce Center, a $1 billion, mixed-use skyscraper proposed for 1800 Arch St., in Philadelphia’s Center City, moved another step closer to reality this week when the city’s planning commission unanimously approved zoning changes for the 1.5-acre site.
BPG Completes Phase II of Philadelphia M-F Portfolio Buy
Nov. 14, 2008
BPG Properties Ltd has completed the second phase of a three property multi-family portfolio acquisition from a publicly-traded REIT.
cira south Credit Crunch Gives Blue Chip Builders the Blues in Boston, Philadelphia
Nov. 07, 2008
As if more proof were needed that the lending environment is hammering even top-of-the-line development, project backers in Boston and Philadelphia have acknowledged that the capital markets crisis is forcing them to put some of those cities’ showcase projects on hold.
waldorf $420M Waldorf Coming to Philadelphia
Oct. 30, 2008
A 58-story Waldorf=Astoria Hotel and Residences has been announced for Philadelphia, set to open in 2012. The $420 million mixed-use project will be co-developed by Mariner Commercial Properties Inc. and Gatehouse Capital Corp.