REBusinessOnline

Songy Highroads, Hyatt to Develop New Hotel in Downtown Atlanta

The new Hyatt Place hotel in downtown Atlanta will be located at the corner of Lucky and Latimer streets, directly across from the Georgia Aquarium and one block from Centennial Olympic Park.

ATLANTA — A 50/50 joint venture between affiliates of Atlanta-based developer Songy Highroads LLC and Hyatt Hotels Corp. has acquired a site in downtown Atlanta with plans to develop a new Hyatt Place hotel. Other terms of the transaction were not disclosed. The site, located at the corner of Lucky and Latimer streets, is located directly across from the Georgia Aquarium and one block from Centennial Olympic Park. An abandoned, two-story commercial building and public parking lot currently occupy the site, and both will be demolished to make way for the new hotel. Pricing, permitting and financing are underway, with a construction commencement date to be determined.

Get more news delivered to your inbox. Subscribe to France Media's e-newsletters. Click here.



Related News

Webinars on Demand


Conferences


Read the Digital Editions

Heartland Recent Issue

Northeast Recent Issue

Southeast Recent Issue

Texas Recent Issue

Western Recent Issue

Shopping Center Business

California Centers

Ancillary Retail

Student Housing Business

Seniors Housing Business

Featured Properties