Finance & DevelopmentDevelopmentHRI Properties Breaks Ground on Dual-Branded Hyatt Place and Hyatt House in...

HRI Properties Breaks Ground on Dual-Branded Hyatt Place and Hyatt House in Tampa

TAMPA, Fla.—HRI Properties (HRIP) and Hyatt recently broke ground on a dual-branded Hyatt Place and Hyatt House in downtown Tampa. The Hyatt Place and Hyatt House development opportunity was initiated by the City of Tampa and was awarded to HRI Properties through a RFP process.

“HRI Properties is excited to be awarded this project, and today we celebrate the long-awaited groundbreaking with the City of Tampa and our friends from Hyatt,” said HRI Properties President and CEO A. Thomas Leonhard Jr. “We are constructing first-class hotels inspired by the rich history of Tampa that will complement and enhance downtown hospitality options for both visitors and locals alike. We hope this will be the first of many HRI Properties projects in this great city, and we look forward to celebrating our ribbon cutting ceremony later next year.”

DPR Construction was selected as the design-build contractor for the property. The project will consist of a combined new 17-story, 230-room Hyatt Place hotel and a 115-room Hyatt House hotel, with approximately 4,000 square feet of meeting space, 3,200 square feet of ground-floor retail space, and a fully integrated 220-space public parking garage. The development is expected to open in the fall of 2020.

“Tampa’s skyline is seeing rapid growth and it’s just beginning. I look forward to seeing the completion of this hotel that will serve residents and visitors for years to come,” said Tampa Mayor Bob Buckhorn. “This city is in the midst of a renaissance and it’s projects like these that will help complete Tampa’s next chapter and add to our live, work, stay, and play environment.”

The hotels will be located directly across the street from City Hall and provide connectivity between downtown Tampa and neighboring Riverwalk attractions, such as the Tampa Convention Center, The Florida Aquarium, Amalie Arena, and more. The project will showcase the spirit of the city with a relaxed, locally inspired design reflecting the downtown area. The site provides walkability, a bike lane accessible to all downtown residents, and proximity to Hillsborough Area Regional Transit Authority’s service lines.

“We are thrilled to soon welcome another Hyatt brand-defining project to our portfolio of Hyatt Place and Hyatt House hotels. HRI’s commitment to excellence both in development and operations is the combination we carefully pursue when growing our collection of hotels. The location is exactly where we want to be in Tampa and we look forward to celebrating its opening,” said Julienne Smith, Hyatt’s senior vice president of development and owner relations.

More AAHOACON 2021 Coverage