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Old Posted Sep 29, 2020, 9:51 PM
PHLtoNYC PHLtoNYC is offline
Chris
 
Join Date: Aug 2020
Location: Earth
Posts: 1,973
Quote:
Originally Posted by iheartphilly View Post
Hyatt Centric Center City photos from article:

https://www.bizjournals.com/philadel...s=7#g/472086/1

A++ for awesome job inside the hotel with design, layout, and furnishing.
Inside is stunning, and a new restaurant will be nice.

Outside if hideous minus the entrance. Maybe a chance at re-cladding in a decade.

Also amazing this project cost $81M. An example of the outrageous construction costs in Philadelphia, second to only New York, yet a lesser return.

One of the reasons why most new buildings in Chicago and DC look better than here is because construction costs are significantly lower and returns are equal or greater.