White Lodging Services and Hyatt Hotels Corporation (NYSE: H) announced today that Denver's first dual-branded Hyatt Place/Hyatt House Denver Downtown has reached its final construction height or 'topped out.'
Slated to open in November 2015, construction began on the 21-story, 361-room property in November 2013. A Hyatt affiliate and White Lodging will each own 50 percent of the joint venture and White Lodging will operate the hotels under franchise agreements with a Hyatt affiliate.
"It's very exciting to bring the Hyatt Place and Hyatt House brand to the downtown market," said General Manager Chad Cuddy. "We look forward to joining the community and with our prime location we believe we are poised for success."
Located at the southeast corner of 14th Street and Glenarm Place, the Hyatt Place hotel will offer 248 spacious guestrooms and the Hyatt House hotel will offer 113 residentially inspired upscale guestrooms. Each hotel will feature the brands' signature design and amenities. The hotels will be situated in the heart of the city's business district and just one block from the Colorado Convention Center and Denver's famed 16th street entertainment district, and within walking distance to the Pepsi Center and Coors Field.
The project, which was announced in April 2013, will be White Lodging's first newly built Hyatt House hotel, as well as its first dual-branded property under Hyatt brands. Upon opening, it will be White Lodging's fifth newly constructed, urban Hyatt Place hotel.
The hotels will be the 10th and 11th Hyatt-branded hotels in the Denver area and adding to White Lodging's Colorado managed properties including premium-branded hotels throughout Denver, Boulder and the surrounding communities in Colorado.
White Lodging Services Corporation was established in 1985 and is headquartered in Merrillville, Ind. White Lodging is a fully integrated hotel ownership, development and operations company focused on developing and operating premium-branded hotels in growing urban markets across the United States. The company is a recognized leader that has defined and portfolio consists of more than 159 hotels in 20 states and encompasses representation of the following leading brands: Marriott International, Inc., Hilton Worldwide, Hyatt Global, Starwood Hotels and Resorts, Preferred Hotel Group and InterContinental Hotel Group.
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