By Steve Tawa
PHILADELPHIA (CBS) — The news that a Four Seasons hotel will occupy the top 12 stories of the new Comcast Tech Center when it is built at 18th and Arch Streets brings with it great anticipation for the hotel’s customers.READ MORE: CBS3 Mysteries: Father Of Man Who Marked Grim Milestone For Philly Wants Son To Be Remember More Than Number
But what will happen to the current Four Seasons, at 18th and the Benjamin Franklin Parkway?
With an address of One Logan Square since 1983, it has been among Philadelphia’s most desirable locations for staying, meeting, eating, and drinking.
But now, the Toronto-based Four Seasons will swap one swanky location for another when it relocates to the 59-story glass and stainless steel skyscraper being built by Comcast (see related story).
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Four Seasons says that up until the move, in 2017, it will continue to manage its existing hotel and assist the owner with the transition to a new brand.
The current hotel building’s owner, Host Hotels and Resorts, based in Bethesda, Md., did not immediately respond to a request for comment.
Ed Grose, the head of the Greater Philadelphia Hotel Association, speculates that the current Four Seasons will remain a high-end property of some sort.
“I see it as remaining as an upper-end hotel, perhaps a JW Marriott or something similar,” he told KYW Newsradio today.
The Four Seasons says the award-winning Fountain Restaurant will not reopen in the new Four Seasons Hotel. It will be up to Host to determine whether the Fountain will remain at Logan Square.MORE NEWS: Philadelphia Business Owners Seeing Uptick In Brazen Thefts