Kimpton completes purchase of Lafayette Building

"Kimpton Hotels has closed on buying the Lafayette Building for $11.5 million. That paves the way for the hotel company to convert the building into a new high-end hotel. See articles on the topic here and here.

Between the new National Museum of American Jewish History and a redeveloped Lafayette building, the area across from Independence Mall will become stabilized and once the hotel opens a couple of years from now, there will be a whole new feel to that part of the historic area."