An extended-stay hotel is going to set up shop on five floors of the second, taller apartment tower at East Market.
ROOST Apartment Hotel, a boutique hotel with multiple locations in Philly, announced today that it has signed on at 1199 Ludlow, which is currently under construction as part of the $600 million East Market redevelopment project. It’s expected to open in August 2018.
1199 Ludlow includes a 20-story tower on top of a two-story retail podium and was originally slated for 240 apartments geared toward young professionals and families. With ROOST now in the mix, five levels of the tower will feature 60 extended-stay, fully-furnished hotel suites, a mix of studios, one-, two-bedroom, and penthouse units. Like its other locations, ROOST’s suites will be designed by Morris Ajimi Architects, which happened to design the tower with BLT Architects, too.
ROOST already has locations in Rittenhouse Square and at 15th and Chestnut. The East Market ROOST will be the company’s largest location in Philly.
“We have been looking for a location east of Broad Street for the past few years to meet the demand from that side of town that we have not been able to serve from our other two locations,” said Randall Cook, CEO and Co-Founder of Method Co., which owns and manages ROOST Apartment Hotel, in a statement.
The tower has been on the rise since March of this year and is expected to top off by the end of this month, according to Daniel Killinger, Managing Director, National Development.
Its anticipated date of completion is December 2018, when it will join the first and smaller apartment tower the Ludlow, which is already leasing.