Custom House, a historic building being redeveloped for mixed use,
will feature a 149-room Hyatt Place hotel
CHICAGO--(BUSINESS WIRE)--
Hyatt
Hotels Corporation (NYSE: H), Nelson Development and Exeter Group
LLC today announced plans for a 149-room, five-story Hyatt
Place hotel to be located in the former U.S. Post Office and Custom
House building in Saint Paul, Minn. Exeter Group acquired the Custom
House property from the U.S. Postal Service in August 2013, and has
secured National Park Service approval to list the property on the
National Register of Historic Places and to convert the building to a
mixed use development with hotel and residential components, as well as
a variety of supporting uses. Exeter Group LLC is the master developer
of Custom House project and Nelson Development is acquiring a portion of
the building for development of the hotel, which will be managed by
LodgeWorks Partners, L.P.
“We are pleased to continue building upon a strong relationship with
Nelson Development, the owners of Hyatt Place Des Moines – an excellent
example of a successful adaptive reuse project,” said Mark Younadam,
director of real estate and development for Hyatt. “This hotel will
bring a new and dynamic product to the Saint Paul market, and I want to
offer my congratulations and thanks to everyone at Nelson, LodgeWorks
and Exeter who collaborated with us in order to bring this development
to fruition.”
“We are excited to join the Saint Paul community and work with Hyatt and
Exeter on this hotel development, a project that allows us to deepen our
relationship with Hyatt – a world-renowned and well-respected hotel
company – and Exeter – a first class developer and leader in delivering
compelling, community enhancing, mixed use projects to the Twin Cities’
urban neighborhoods,” said Mike Nelson, owner, Nelson Development. “This
project is yet another example of our continued focus on developing and
investing in premium branded hotels in dynamic markets that will attract
business and leisure travelers alike.”
“What a wonderful opportunity to leverage our operating expertise in
furtherance of such a unique redevelopment of a beautiful historic
building,” said Mike Daood, president of LodgeWorks. “We are thankful
for the trust the Hyatt team continues to place in us as they match us
with talented developers like Nelson Development. The finished hotel
will be amazing and we are committed to further enhancing the guest
experience and showcasing this asset to the Saint Paul community and its
visitors.”
“Exeter Group is extremely pleased that Hyatt, Nelson and LodgeWorks
have teamed up on this exciting Hyatt Place project at Custom House,
which will be a great complement to this best-in-class mixed use
redevelopment, which includes the Residences at Custom House, 202 luxury
apartments on the upper floors, as well other retail commercial uses,”
said Chief Development Manager Herb Tousley of Exeter Group.
The Hyatt Place hotel will be located downtown at the current site of
the former U.S. Post Office and Custom House, a 17-story building that
functioned as city’s main post office for 79 years. The hotel will
maintain many of the building’s historic attributes, including the
13-foot guestroom windows and the art deco lobby, which will be restored.
Sitting on the southern edge of the Lowertown neighborhood, a lively
historic district in downtown Saint Paul, the hotel will be adjacent to
the recently renovated Union Depot transit hub, which provides access to
the new METRO Green Line LRT, running from downtown Saint Paul to
downtown Minneapolis with a connection to the MSP airport via the METRO
Blue Line LRT. It will also be a short distance from the new Lowertown
Ballpark, the Science Museum of Minnesota, the Xcel Energy Center, and
beautiful Mears Park, which is surrounded by restaurants and nightlife.
The hotel will offer:
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149 spacious guestrooms
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A fitness center and swimming pool
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Complimentary Wi-Fi access throughout the hotel
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Complimentary a.m. Kitchen Skillet TM, featuring freshly
prepared breakfast sandwiches, a variety of fresh fruits, hot and cold
cereal, yogurt, breads, premium coffee and an assortment of juices
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More than 1,800 square feet of flexible, high-tech meeting/function
space
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24/7 Gallery Menu serving made-to-order entrees and appetizers around
the clock
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A Coffee to Cocktails Bar featuring specialty coffees and premium
beers, as well as wines and cocktails
ABOUT HYATT PLACE
Launched in 2006, the Hyatt Place brand brings to the upscale service
hotel category the authentic hospitality for which Hyatt is known.
Inspired by multitasking travelers’ 24/7 lifestyle, Hyatt Place combines
style with casual hospitality. Featuring spacious guestrooms with the
Cozy Corner, Free Wi-Fi everywhere, the 24/7 Gallery Menu, Coffee to
Cocktails Bar, and Free Hot Breakfast for guests. The Odds & Ends
program also has guests covered with items they may have forgotten and
can buy, borrow or enjoy for free. Specially trained Gallery Hosts are
on hand to offer assistance with everything from directions to check-in
to a freshly made meal.
Hyatt Place, a brand of Hyatt Hotels Corporation, offers more than 215
locations in the United States, Armenia, China, Costa Rica, India,
Mexico, Puerto Rico, Netherlands, and United Arab Emirates. For Hyatt
Place information or to make a reservation, call 1-888-HYATT-HP
(888-492-8847) or visit www.HyattPlace.com.
The term “Hyatt” is used in this release for convenience to refer to
Hyatt Hotels Corporation and/or one or more of its affiliates.
About Nelson Development
Nelson Development and Nelson Construction Services is a real estate
development and general contractor firm located in Des Moines, Iowa. For
the past 16 years Nelson Development has focused on historic
renovations, one of which happens to be the historic Hyatt Place in
downtown Des Moines. Nelson owns and develops properties all over the
Midwest and Arizona. For more information, visit www.nelsonconstruct.com.
About LodgeWorks Partners, L.P.
LodgeWorks Partners, L.P., is a privately held hotel development and
management company with a rich history as hospitality brand innovators,
industry-leading guest satisfaction, sophisticated development acumen
and an experienced team that has successfully collaborated for more than
28 years. The company has recently launched the Archer Hotel boutique
collection with a May 2014 New York City debut, properties in Austin and
Napa underway and plans for others to be announced in the coming months.
LodgeWorks continues to own, franchise and/or manage a portfolio of
branded hotels including Hampton Inn®, Hyatt House®, Hyatt Place®,
Aloft®, and Hilton Garden Inn®. For more information, please visit www.lodgeworks.com.
Exeter Group LLC
Exeter Group LLC is a leading developer of historic and other properties
in the Minneapolis-Saint Paul market. It has been transforming urban
neighborhoods for twenty-five years with distinctive retail, office,
residential, and mixed-use projects, many of them having received
architectural, engineering, and development awards. For more
information, please visit www.ExeterMN.com.
About Hyatt Hotels Corporation
Hyatt Hotels Corporation, headquartered in Chicago, is a leading global
hospitality company with a proud heritage of making guests feel more
than welcome. Thousands of members of the Hyatt family strive to make a
difference in the lives of the guests they encounter every day by
providing authentic hospitality. The Company's subsidiaries develop,
own, operate, manage, franchise, license or provide services to hotels,
resorts, branded residences and vacation ownership properties, including
under the Hyatt®, Park Hyatt®, Andaz®, Grand Hyatt®, Hyatt
Centric™, Hyatt Regency®, Hyatt Place®, Hyatt
House®, Hyatt Zilara™, Hyatt Ziva™,
Hyatt Residences® and Hyatt Residence Club® brand
names and have locations on six continents. As of December 31, 2014, the
Company's worldwide portfolio consisted of 587 properties in 50
countries. For more information, please visit www.hyatt.com.
Forward-Looking Statements
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historical facts, are forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995. Our actual
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are inherently uncertain. Factors that may cause actual results to
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of spending in business and leisure segments as well as consumer
confidence; declines in occupancy and average daily rate; if our
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Source: Hyatt Hotels Corporation