TribLIVE

| Business

 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Smithfield Street building adds Embassy Suites to top 11 floors

Email Newsletters

Click here to sign up for one of our email newsletters.

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

'American Coyotes' Series

Traveling by Jeep, boat and foot, Tribune-Review investigative reporter Carl Prine and photojournalist Justin Merriman covered nearly 2,000 miles over two months along the border with Mexico to report on coyotes — the human traffickers who bring illegal immigrants into the United States. Most are Americans working for money and/or drugs. This series reports how their operations have a major impact on life for residents and the environment along the border — and beyond.

By Sam Spatter
Friday, June 28, 2013, 12:01 a.m.
 

Downtown is about to get a $30 million Embassy Suites Hotel on the top 11 floors of the 24-story Henry W. Oliver office building.

Work on the 228-suite hotel on Smithfield Street will begin July 1 and is expected to be finished in the first quarter of 2015, McKnight Realty Partners announced Thursday.

This marks the second Downtown office building to be converted all or partly into a hotel this year. The City Planning Commission on Tuesday approved the conversion of the former Reed Smith Building on Sixth Avenue into a 250-room Hotel Monaco.

“We are delighted to have the additional hotels in the Downtown, which will help us supply rooms for larger conventions,” said Craig Davis, president and CEO of VisitPittsburgh, the region's major agency that attracts conventions and meetings to the region.

There are about 4,500 hotel rooms Downtown, and since the first of the year, occupancy has been about 63 percent, Davis said.

The Embassy Suites hotel will include a restaurant and lounge, a fitness center and swimming pool, plus conference and banquet facilities. Its entrance will be off Smithfield Street with guest check-in at either the first floor concierge desk or the Sky Lobby on the 24th and 25th floors.

The 13 lower floors, which will remain offices, are 70 percent occupied, said Izzy Rudolph, who will manage the office segment for McKnight with some participation with Indus Hotels of Columbus, which will manage the hotel.

McKnight, which had said in the past it was considering turning the upper floors of the building into a hotel, acquired the Oliver building, at 535 Smithfield St., in 2011.

The building sustained a major tenant loss when K&L Gates law firm relocated into what is now known as the K&L Gates Center at the corner of Wood and Sixth avenues.

Sam Spatter is a staff writer for Trib Total Media. He can be reached at 412-320-7843 or sspatter@tribweb.com.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Business Headlines

  1. Travelers find direct Web route to Priory’s spirited past in North Side
  2. Plastcs propel Bayer’s 2Q earnings
  3. PPG puts brand 1st in strategy to reach commercial paint market
  4. EPA ordered to ease limits on cross-border air pollution that involves Pennsylvania
  5. U.S. Steel posts quarterly loss, declares dividend
  6. Consol Energy, Range Resources report 2Q losses, plan deeper cuts
  7. Muni bond funds stressed
  8. Pa. improves performance among competitive electric markets
  9. What to do with a toxic worker
  10. Chronic job-seekers giving up the hunt
  11. Ambridge’s PittMoss takes off with help from TV show, Mt. Lebanon native Cuban