HOUSTON – Locally based Satya has started construction on a 350,000-sf hotel tower at 7329 Fannin St. within the Texas Medical Center.
The 14-story property will house two different hotels. Of the 298 rooms planned, 159 will be under the Hyatt Place brand, and 139 will be under the Hyatt House portfolio.
Dallas-based G2 is the project architect, and E.E. Reed Construction LP is the contractor. HarDam Hotels and the Mathis Group are project consultants. IBC Bank provided financing.
Completion is slated for 2022.
Get more Houston-area hotel news on the Real Estate Center’s website.
Source: Realty News Report