Local developers Lubert-Adler Real Estate Funds and Keystone are overhauling the Bourse and 400 Market St., with both projects set for completion in just over a year. The 10-story, 302,600-square-foot Bourse building will feature a 152-room Hilton Tapestry Collection hotel on the third, fourth, and eighth floors. Scheduled to open in early 2026, the hotel aims to welcome tourists flocking to Philadelphia that summer. Plans also include a 7,500+ square-foot restaurant on the ground floor, replacing the previously proposed wedding and event space.

Meanwhile, the 12-story, 173,700-square-foot 400 Market St. building is being converted into 176 apartments, with amenities and lounge space on the first floor, about 30 underground parking spots, and a new rooftop deck. The apartments are expected to be completed by spring 2026.

*Article courtesy of Philadelphia Business Journal

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