Developer Satya has broken ground on a 350,000-square-foot Hyatt hotel in Houston’s Texas Medical Center. The 14-story dual-branded property, located in a Qualified Opportunity Zone at the corner of Old Spanish Trail and Fannin Street, will include a 159-key Hyatt Place and a 139-key Hyatt House. The hotel is within the sprawling Texas Medical Center, a 2.1-square-mile neighborhood with more than 60 medical institutions, about 7 miles south of downtown. which is to be completed in 2022. Guestrooms will offer in-room kitchens and living rooms, a 24-hour hotel dining area, a full-service restaurant and lobby café, two bars and a parking garage with more than 300 spaces. A seventh-floor amenity deck will offer 3,500 square feet of meeting space, an outdoor swimming pool, a fitness center and a guest laundry room. Satya CEO is Sunny Bathija. The project team includes architect G2, project consultants HarDam Hotels and The Mathis Group, contractor E.E. Reed Construction and IBC Bank, which provided financing.
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