Kimpton transformed the historic Lafayette Building in Philadelphia into a $87 million, 266-room luxury hotel. Supported by a $45 million EB-5 loan, the redevelopment preserved the building’s grand façade while adding modern amenities, including a ground-floor restaurant, ballroom, and meeting spaces. Located in the Independence Square submarket, the hotel enhanced the area’s appeal to business travelers and tourists, contributing to Philadelphia’s economic growth and cultural vibrancy.
