San Francisco, February 10, 2016
Kimpton Hotels & Restaurants announced today it has been selected by the Fana Group of Companies to manage a new, luxury boutique hotel in the upscale Seattle, Washington suburb of Bellevue. The 120-room new-construction project is part of a major, mixed use development scheduled to break ground in early 2017. The development will include two high-rise towers and 270 premium rental apartments.
Slated for a 2019 opening, the new Bellevue Kimpton will occupy the development’s North Tower and will include approximately 5,000 square feet of meeting space, a street-level, full service restaurant, a heated rooftop pool with adjacent event space and lounge, a fitness center and all the other amenities commonly associated with the Kimpton brand.
Located in the heart of downtown Bellevue’s central business district, the new hotel will be a short walk away from world class shopping, restaurants and entertainment including Bellevue Square, Lincoln Center and the Bravern. Major companies with nearby offices include Microsoft, T-Mobile and PACCAR, Concur Technologies and more. Downtown Bellevue is about ten miles from downtown Seattle.
“The Pacific Northwest has been an integral part of Kimpton’s growth story for more than two decades and we look forward to expanding our presence in one of the strongest markets in the country,” said Kimpton CEO Mike DeFrino. “The hotel’s prime location near some of downtown Bellevue’s best shopping and nightlife - not to mention the only rooftop hotel pool in the area, will be a draw for travelers. Our signature amenities like complimentary bikes and the nightly hosted wine hour will surely delight some new Kimpton fans as well.”
For Kimpton, Bellevue will be the brand’s eighth hotel in the Pacific Northwest, joining four properties in Seattle, including the Hotel Monaco Seattle, Hotel Vintage Seattle, Palladian and the Alexis, along with three in Portland: the Hotel Monaco Portland, the Hotel Vintage Portland and the RiverPlace Hotel.
The owner and developer of the new hotel is the Fana Group, a Bellevue-based company that developed the acclaimed Las Terrazas Resort in Belize and has boutique hotel investments in Seattle and San Francisco. The architect for the Bellevue project is CallisonRTKL, a firm known for luxury lifestyle hospitality projects including the W Hotel Beijing and the Hotel Beaux Arts in Miami.
“We are eager to bring something to downtown Bellevue that it doesn’t yet have… a boutique luxury hotel, “ said John Powers, Fana’s President of Real Estate. “Kimpton’s leadership experience in the boutique hotel market and the thriving hotels in Seattle and Portland made this a clear and easy partner choice to represent us for this premiere project.”
ABOUT THE FANA GROUP
The Fana Group of Companies is a real estate investment and development company with a diversified portfolio in the United States, Canada, and the Caribbean. In addition to investing and developing properties, its property and asset management team oversees a portfolio in excess of 1 million square feet of office and retail properties. For more information please visit www.fanagroup.com.
ABOUT KIMPTON HOTELS & RESTAURANTS
San Francisco-based Kimpton Hotels & Restaurants is a leading brand of boutique hotels and restaurants and the acknowledged industry pioneer that first introduced the boutique hotel concept to the United States. In 1981, Bill Kimpton founded the company that today is renowned for making travellers feel genuinely cared for through thoughtful perks and amenities, bold, playful design and a sincerely personal style of guest service. Out to help people live full, balanced lives, Kimpton aims to inspire with touches like yoga mats in every room, complimentary coffee and tea to start the day, hosted evening Wine Hour, in-room fitness programming and complimentary bike rentals. The award-winning restaurants and bars are led by talented chefs and bartenders that offer guests a chance to dine like a local.
Kimpton is consistently ranked as one of the top companies in the Market Metrix Hospitality Index, Upper Upscale Segment, for Customer Satisfaction. The company is highly-regarded for its innovative employee culture and benefits and has been named a FORTUNE magazine “Best Place to Work” seven times since 2009. Kimpton is continuously growing and currently operates over 60 hotels and 70 plus restaurants, bars and lounges in 30 U.S. cities. In January 2015, Kimpton was welcomed into the InterContinental Hotels Group (IHG) family of hotel brands, bringing together two special cultures and sets of values to create the world's largest boutique hotel business. For more information, visit www.KimptonHotels.com.
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