MINNEAPOLIS, Minnesota—CSM Lodging, a division of CSM Corporation, has announced the latest addition to the hotel management and ownership-company’s portfolio: The Hyatt Place in Lansing Township, Mich. The six-story, 125-key Hyatt Place Lansing hotel will be located in the Heights at Eastwood adjacent to the Eastwood Towne Center. Along with the Hyatt Place Lansing Eastwood hotel, the Heights at Eastwood will be home to 100,000 square feet of in-line retail and a 125-unit luxury apartment building.
Construction for the new $18.3 million, 82,000-square-foot Hyatt Place Lansing Eastwood is expected to commence in early April with a target opening of spring 2015. This is CSM Lodging’s first joint venture with MDG Development, a development and management firm specializing in projects within North America and Europe.
“We are excited to be a part of the new Hyatt Place Lansing Eastwood and to grow our portfolio in Michigan,” said Bill Upshaw, the president of CSM Lodging. “Our joint venture with MDG Development allows CSM to continue to grow our third party management platform. CSM is also excited to develop our first Hyatt-branded hotel, and we look forward to furthering our relationship with the Hyatt family of brands.”
The new Hyatt Place Lansing Eastwood hotel will be located minutes from Michigan State University and from Michigan’s State Capitol.