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Hyatt Breaks Ground on First Hyatt-branded hotel in Nebraska

6/21/2012
CHICAGO—Hyatt Hotels Corporation announced the groundbreaking for the first Hyatt-branded hotel in Nebraska, Hyatt Place Omaha Downtown/Old Market. The investment of Hyatt affiliates in the purchase of the land and the construction of the hotel, which Hyatt affiliates will own and manage, will total approximately $27 million. Once open, the hotel is expected to create about 50 full-time jobs in Omaha.

Governor Dave Heineman, Omaha Mayor Jim Suttle, and Greater Omaha Chamber President David Brown joined Hyatt executives and other dignitaries at the Hyatt Place Omaha Downtown/Old Market hotel site on Wednesday to celebrate the kick off of construction of the new hotel, which is slated to open in 2014.

Hyatt Place Omaha Downtown/Old Market will have 159 rooms in a stand-alone, ten-story building with self-contained parking. The hotel was designed by the Chicago office of the DLR Group, and Woodbine Development is overseeing the development of the project on behalf of Hyatt affiliates, with Hawkins Construction as General Contractor.

“This project provided us with a unique opportunity in a city that is already very significant to Hyatt,” said Kevin Schramm, vice president of development for Hyatt Hotels & Resorts, in an announcement. “Hyatt Place Omaha Downtown/Old Market will be a valuable addition to the expanding roster of urban Hyatt Place locations, and we look forward to introducing this innovative brand to the city.”

Currently, there are 167 Hyatt Place hotels in operation in the United States, with more than 35 announced projects under development throughout the U.S., China, Europe, Southwest Asia, Latin America, and the Middle East.
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