Because this is merely an announcement that Kimpton has won the bid over two others, not many details of the property have been revealed other than that the historical features of the building must be preserved, including the 37 murals that adorn the interior walls.
According to Philly.com, the project will cost about $90 million and have approximately 200 rooms. The local news outlet is also reporting that a 356-room, $170-million Fairmont Hotel was one of the competing bids, but that it was passed on because it would have required a significant amount of public funding.
Once the Family Court Building is emptied (it's currently an active juvenile court), the space will take about 18 months to convert. We will, of course, update you as things move along. Personally, we can't wait to see what Kimpton does with the interior, given those 37 aforementioned murals. Most Kimptons are colorful, but could this be the boldest yet?