Cincinnati’s historic Gwynne Building undergoes $81M office-to-hotel conversion into 165-room, New Waterloo-owned Fidelity Hotel

1/21/2026

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Cincinnati Business Courier

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• Subcategory: Hospitality: Hotel

• Tag: Adaptive Reuse | Conversion | New Construction | Redevelopment

• Additional Filters-Subcategory: Hospitality: Independent, Hospitality: Upscale

• Additional Filters-Tags: Conversion: Office-to-Hotel, Historic

• Company: New Waterloo

Highlights
Cincinnati's historic Gwynne Building will open as 165-room Fidelity Hotel in July.
New Waterloo will operate the boutique hotel in former Procter & Gamble headquarters.
The 1913 building was commissioned by Alice Claypoole Gwynne Vanderbilt.