Smithfield Street building adds Embassy Suites to top 11 floors
By Sam Spatter
Published: 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 email@example.com.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Sbarro again files for bankruptcy reorganization
- ‘Fresher, different, lot more fun’ guide changes at Kings Family Restaurants
- Marcellus shale driller Noble Energy Inc. sinks roots into Pittsburgh
- Stocks dip on gloomy data from Asia
- Weather worsens McDonald’s sales struggles
- 1,500 Bangladesh factories set to be inspected by August
- EBay shareholders urged to reject Icahn picks
- Minorities crucial to filling Marcellus shale gas drilling jobs
- Real estate goes techno
- JPMorgan whistle-blower gets $64M for mortgage fraud tips
- ‘Boomerang’ buyers get another chance at homeownership