Chestlen Development Provides Update On Delayed W Hotel Project
Retrieved on:
Thursday, January 14, 2021
Chestlen agreed in 2012 to build the hotel at the request of the City of Philadelphia to help overcome a hotel room shortage in Center City.
Key Points:
- Chestlen agreed in 2012 to build the hotel at the request of the City of Philadelphia to help overcome a hotel room shortage in Center City.
- The destination will add 755 new hotel rooms and create approximately 1,000 new jobs for Philadelphians.
- By the end of this month, Tutor Perini will be two and a half years late on delivering this project to Chestlen."
- Chestlen Development, a real estate investment and development firm founded by Brook Lenfest and based in Conshohocken, Pa., is being represented by Blank Rome in Philadelphia and Glaser Weil in Los Angeles.