{"id":1004174615,"date":"2017-05-01T06:27:05","date_gmt":"2017-05-01T14:27:05","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004174615"},"modified":"2020-04-22T23:11:42","modified_gmt":"2020-04-23T07:11:42","slug":"largest-hotel-in-pnw-to-debut-in-2018","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/","title":{"rendered":"Largest Hotel in PNW to Debut in 2018"},"content":{"rendered":"<p>By Scott Baltic, Contributing Editor<\/p>\n<div id=\"attachment_1004174618\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004174618\" data-attachment-id=\"1004174618\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/hyatt-regency-seattle-lobby\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg\" data-orig-size=\"1599,1066\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Hyatt Regency Seattle-lobby\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;A rendering of the Hyatt Regency Seattle lobby.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg?w=1024\" class=\"size-medium wp-image-1004174618\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg\" alt=\"A rendering of the Hyatt Regency Seattle lobby.\" width=\"300\" height=\"200\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg 1599w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg?resize=300,200 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg?resize=768,512 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg?resize=1024,683 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg?resize=1536,1024 1536w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004174618\" class=\"wp-caption-text\">A rendering of the Hyatt Regency Seattle lobby.<\/p><\/div>\n<p>The eight-story podium for the 45-story, 1.4-million-square-foot Hyatt Regency Seattle now under construction in downtown Seattle has been topped off. The announcement came late last week from LMN Architects, the tower\u2019s designers. At 1,260 rooms, the 1.4 million-square-foot hotel will be the largest in the Pacific Northwest once it\u2019s completed in 2018.<\/p>\n<p>The 40-story project, at 8th and 9th avenues between Stewart and Howell streets, began construction in July 2015, but was only <a href=\"https:\/\/www.commercialsearch.com\/news\/1264-key-hotel-coming-to-downtown-seattle\/\">announced as a Hyatt Regency property<\/a> last October.<\/p>\n<p>The building as a whole consists of two primary volumes: a semi-detached, eight-story podium bisected at street level by a mid-block connector and a 37-story tower. The podium will provide 105,000 square feet of meeting and ballroom space integrated with a two-story base featuring a restaurant and the hotel lobby. The podium will also feature a rooftop terrace, a glass-enclosed fitness center and a club lounge.<\/p>\n<p>A series of transparent spaces in the base, including the lobby, porte-cochere, restaurants, bars and shops, is intended to engage the city at street level. The second level will feature additional retail, including a grab-and-go market, a large bar and restaurant, and expanded lobby lounge space for hotel and meeting guests.<\/p>\n<p>LEED Gold certification is anticipated for the project.<\/p>\n<p>In addition to LMN and developer R.C. Hedreen Co., the project team includes Zena Design Group (hotel room and lobby design), Sellen Construction, Berger Partnership (landscape architecture), CPL (civil engineering), MKA (structural engineering) and Arup (MEP engineering).<\/p>\n<p>Downtown Seattle\u2019s hotels have completed five straight years of record performance, with an estimated 2016 market occupancy rate for the upscale tier at 84 percent, the highest annual rate in more than 30 years, according to a fourth-quarter 2016 report from Kidder Mathews. In addition, the Seattle CBD is enjoying an average daily room rate of $218 and daily RevPAR of $182, both up about 4 percent from 2015.<\/p>\n<p>The downside, per Kidder Mathews, is that such a robust market has been attracting substantial new development, so that expanding supply might outpace demand growth, \u201cresulting in lower occupancy rates and more competitive pricing.\u201d<\/p>\n<p><em>Renderings by <a href=\"https:\/\/lmnarchitects.com\/\" target=\"_blank\" rel=\"nofollow\">LMN Architects<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The downtown Seattle hotel development boom continues with the upcoming 1,260-key Hyatt Regency Seattle, which is targeted for LEED Gold certification.<\/p>\n","protected":false},"author":882,"featured_media":1004174618,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,21751,21742,1610,15],"tags":[33185,32779,35229],"class_list":["post-1004174615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-hotel","category-latest","category-seattle","category-west","tag-hyatt","tag-leed","tag-lmn-architects"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Largest Hotel in PNW to Debut in 2018 - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/","og_locale":"en_US","og_type":"article","og_title":"Largest Hotel in PNW to Debut in 2018","og_description":"The downtown Seattle hotel development boom continues with the upcoming 1,260-key Hyatt Regency Seattle, which is targeted for LEED Gold certification.","og_url":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-05-01T14:27:05+00:00","article_modified_time":"2020-04-23T07:11:42+00:00","og_image":[{"width":1599,"height":1066,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg","type":"image\/jpeg"}],"author":"Scott Baltic","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/","url":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/","name":"Largest Hotel in PNW to Debut in 2018 - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg","datePublished":"2017-05-01T14:27:05+00:00","dateModified":"2020-04-23T07:11:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg","width":1599,"height":1066,"caption":"A rendering of the Hyatt Regency Seattle lobby."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/largest-hotel-in-pnw-to-debut-in-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Largest Hotel in PNW to Debut in 2018"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/61ac1450f3ffaa0e850b834c28526555","name":"Scott Baltic","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2022\/06\/Scott.jpg?w=96","caption":"Scott Baltic"},"description":"Scott Baltic has been a contributing editor with Commercial Property Executive since 2011 and also wrote for its predecessor, Commercial Property News. He started writing about CRE in 1988 for a group of Chicago-based publications and in 1989 became the editor of Midwest Real Estate News. After moving on from there in 1991, Baltic continued writing occasionally about real estate, for publications like the Chicago Sun-Times, National Real Estate Investor, Urban Land, Shopping Center World and Architect\u2019s Newspaper. He earned a master\u2019s in journalism from Northwestern University\u2019s Medill School of Journalism and has a bachelor\u2019s from North Park University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/scott-baltic\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Hyatt-Regency-Seattle-lobby.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004174615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/882"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004174615"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004174615\/revisions"}],"predecessor-version":[{"id":1004422384,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004174615\/revisions\/1004422384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004174618"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004174615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004174615"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004174615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}