Lighthouse and ESI Plan Upgrades After Hotel 1000 Buy
Lighthouse Investments and ESI Ventures with equity financing from Kildare Partners recently acquired the Hotel 1000 in downtown Seattle. The JV selected Evolution Hospitality, the lifestyle operating division of Aimbridge Hospitality, to manage the hotel.
The partnership plans to improve areas of the hotel including the spa, addition of a lobby lounge bar, updates to bathrooms and updating the golf simulator.
The boutique hotel is near major attractions including the Pike Place Market, the Space Needle and the recently improved Seattle waterfront. Seven flexible event rooms, a boardroom and an all-weather greenhouse terrace add up to 9,100 square feet of meeting and event space. The All Water Seafood & Oyster Bar is the property’s onsite restaurant.
The Hotel 1000 Seattle is located at 1000 1st Ave.
