After a brief pause in construction, work has resumed on the Marriott Residence Inn at 215 Pearl Street in the Financial District. The 38-story building comprises approximately 165,655 feet and was initially designed by Nobutaka Ashihara Architects, with whom Gene Kaufman worked to transition the project.
As an extended stay hotel, the property contains 320 guestrooms including a mix of studios and loft-style terrace suites with kitchenettes. Amenities include a 24-hour fitness center with an attached terrace, a restaurant and bar, a communal lounge, and meeting rooms.
The façade of the building is comprised of brown brick and white cementitious material at both the upper floors and the lower-level terrace floors.
Construction, led by The Rinaldi Group, has now reached the punch list or closeout phase, where the majority of work is focused on building interiors. According to the project team, they are 70 percent complete on the public spaces and are 50 percent complete on the gym floor. Total construction costs hover around $60.4 million.
The hotel is developed by the Lam Group, frequent collaborators with Kaufman’s design team. At this time the development team has not released an expected completion date.