Yet another duo of hotels is coming to the North First area. It seems like every hotel announced in this general area is coming in pairs. First we had SpringHill Suites (146 rooms) and Residence Inn (175 rooms) at Airport and North First which will share the same physical building and back of house operations. Then earlier this year we found out about Hampton Inn and Suites (145 rooms) and Home2 Suites (140 rooms), which will be housed in separate buildings at the old Piercey Toyota lot, but likely share operations and resources.
Now we have two Hyatts being announced: a Hyatt Place clocking in a 164 rooms and seven-stories, and an extended stay Hyatt House with 140 rooms (five-story building). This will all be located on six acres at North First and East Brokaw Road, very close to both the airport, the casinos, and a massive 2 million SQFT office project proposed for the area. I also have to mention that there is easy access to light rail here, making these hotels great options for people flying into town to catch an event at the new 49ers Stadium.
The project will cost $65 million and construction will begin in Q2 2015 with completion expected in late 2016.
Source: SVBJ, Hat tip to Joseph Meduri