Monday, October 24, 2022

First New Hotel Opens in Conshohocken in 22 Years

By Melannie Skinner CoStar Research

Keystone Development & Investment joined with North Carolina-based Concord Hospitality Enterprises to open Hotel West & Main, the first new hotel to be built in the developer's headquarters city of Conshohocken, Pennsylvania, in the last 22 years.

The 127-room boutique hotel operates as part of Hilton's Tapestry Collection and was the final piece in Keystone's $340 million Sora West mixed-use development. The project encompasses 520,000 square feet and includes an 11-story office tower housing AmerisourceBergen, Vertex and Hamilton Lane as major tenants, along with the adaptive reuse of a 148-year-old historic firehouse.

Construction on the hotel began during the height of the COVID-19 pandemic, which prompted Keystone and Concord to redesign plans to reduce the number of rooms and add a rooftop bar and lounge as well as meeting spaces equipped to handle remote conferencing.

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