You are paying for the location and the aesthetic.
When we travel, we usually look for the Garden Inn variety of the Hilton chain - this was a special quick get away for our anniversary, so we splurged. It was not worth the extra cash to be a block away from downtown. There is plenty of public parking within a block of downtown if you want to go with a more affordable option without the pretension.
For a boutique hotel, the water pressure was embarrassing. Sound proofing, non-existent, we could hear everyone in the hall and our neighbors. They are legit when they say there isn't coffee service in the rooms - but hey, there is an overpriced 'local' coffee joint in the lobby that you can pay for. Also, placing the smoke detector that has a bright blinking green light above the sleeping area? Genius move.
If you are neurospicy at all - this format was not a good fit. The ADA shower had very little incline, so while this might be good for stability it was terrible for water drainage. If you have a mobility device like a wheel chair, I think it would be manueverable but if you need a walker, crutches or cane the floor got considerably slick.
It was a beautiful hotel, the design elements were fantastic but it's all presentation and no substance.