08 March 2017
Kimpton® Hotels & Restaurants announce partnership in major Silicon Valley project
Boutique hospitality company at the centre of San Jose Tech Museum Place expansion.
Kimpton Hotels & Restaurants announced today its first property in San Jose, California at Museum Place, a mixed-use development by Insight Realty Company that will also expand the Tech Museum of Innovation, slated to open in 2021.
Museum Place will include a four star 173-room Kimpton hotel, three-hundred residential units, retail, restaurants and will increase the size of the Tech Museum by 54,000 square feet. The development will also include 250,000 square feet of first-class creative office space designed to foster an open and collaborative environment among workers.
The new Kimpton hotel will include approximately 8,000 square feet of meeting space, a full service restaurant, a fast-casual Café, a sixth-floor bar and an outdoor pool and fitness center. The international design firm Steinberg was selected as the architect. The project will also improve an existing pedestrian promenade that connects Park Avenue to the San Jose Convention Center and VTA Light Rail station on San Carlos Ave.
Owned and developed by Insight Realty Company and its partner China New Era Group Corporation, this iconic project will be in the heart of downtown San Jose, just one block from the Convention Center, near SAP Center and close to major companies with nearby offices including Adobe, Cisco Systems, IBM and PayPal.
Mike DeFrino, Kimpton Hotels & Restaurants’ CEO said: "Not only is San Jose the epicenter of the technology industry, it’s also a world class city and the ideal place for a Kimpton hotel and restaurant. With professional sports, a state-of-the-art entertainment and a burgeoning downtown, the Museum Place project is the perfect venue for us to introduce our brand of heartfelt hospitality to the Silicon Valley. We’re delighted to partner with Insight Realty on this one-of-a-kind urban retreat.”
This project will join Kimpton’s nine properties in California cities, including San Francisco, Los Angeles, Santa Barbara and San Diego; hotels in Palm Springs, Sacramento, Hollywood and West Hollywood are slated to open later this year.
Dennis Randall, Managing Director of Insight Realty Company said: “Kimpton is a leader in creating world class hotels. We know this partnership will help create a new vibrant neighborhood in the center of downtown San Jose. Kimpton’s expertise will add a true sense of place to this project and we are very excited to have Kimpton as part of the team.”
Renderings of the Museum Place project available here.
For further information please contact:
+1 (404) 832-7156
Allison+Partners for Kimpton
+1 (408) 947-8100
IHG® (InterContinental Hotels Group) [LON:IHG, NYSE:IHG (ADRs)] is a global organisation with a broad portfolio of hotel brands, including InterContinental® Hotels & Resorts, Kimpton® Hotels & Restaurants, Hotel Indigo®, EVEN® Hotels, HUALUXE® Hotels and Resorts, Crowne Plaza® Hotels & Resorts, Holiday Inn® Hotels & Resorts, Holiday Inn Express®, Staybridge Suites® and Candlewood Suites®.
IHG franchises, leases, manages or owns nearly 5,200 hotels and 770,000 guest rooms in almost 100 countries, with nearly 1,500 hotels in its development pipeline. IHG also manages IHG® Rewards Club, the world’s first and largest hotel loyalty programme with more than 100 million enrolled members worldwide.
InterContinental Hotels Group PLC is the Group’s holding company and is incorporated in Great Britain and registered in England and Wales. More than 350,000 people work across IHG’s hotels and corporate offices globally.
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