Richmond, Va., gets two new Hilton-branded hotels

Sharmin Hotels is opening two new hotels in a 19-story building in Richmond, Va.

A 100-room Homewood Suites opened in the building Monday, and a 144-room Hampton Inn & Suites is opening at the end of January. When the hotel is fully operational by mid-February, the property is expected to include a rooftop bar/restaurant and fitness center.

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The $40-million projected included the acquisition, construction and renovation of the property. Historic tax credits were not factored into the money spent.

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The Albany, N.Y.-based company will operate a Hampton Inn and a Holiday Inn Express in Kinston, N.C.