Renovation work is wrapping up for what will become the only new hotel to open in San Francisco’s Financial District. The former Le Méridien at 333 Battery Street was purchased by KHP Capital Partners for $221 million in 2021 and is expected to open later this year as the Jay Hotel. The 25-story hotel first opened in 1989 with the architecture by John Portman & Associates.
The 265-foot-tall structure has 360 guest rooms, a basement ballroom and speakeasy, two restaurant spaces, and a third-floor terrace. The new renovation by KHP Capital Partners is breathing new life into the 25-story hotel. The new restaurants will be curated by the Omakase Restaurant Group, including the third-floor restaurant opening this Fall and the Sage opening later next year.
AvroKO is responsible for interior design. The porte-cochère will feature cobblestone pavers, while the interior lobby contains terrazzo patterned panels and honed black stone. Interiors will be refreshed with new interior finishes.
KHP purchased the property from Park Hotel & Resorts, the same company which recently surrendered ownership of the 1,024-room Parc 55 and the 1,921-room Hilton Union Square.
The 0.35-acre property is located between Clay Street and Sacramento Street. The hotel is connected to the Embarcadero Center’s elevated public terrace with a pedestrian bridge over Battery Street. The hotel is expected to open this fall.
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