New $25 Million Hyatt Place Hotel to be Built Next to Angle Lake Park in SeaTac
Seattle-based Ariel Development announced Wednesday (March 6) its plans for the construction of Hyatt Place at SeaTac, to be built at 19518 International Boulevard, adjacent to Angle Lake Park.
Construction is set to begin before the end of the year.
Scheduled to open in early 2016, the hotel will feature 150 rooms next to nearby Angle Lake Park.
Amenities will include a pool, fitness room and 2,500 to 3,500 square feet of meeting space.
“The City of SeaTac is an epicenter for our region, and is an ideal site for this new property,” said Shimon Mizrahi of Ariel Development. “Its central location between Seattle and Tacoma provides an easy access point to freeways and the airport, as well as the City itself. We see a lot of potential on the scenic Angle Lake waterfront and the amenities guests can enjoy. We know the hotel will not only thrive here—it will create employment opportunities for the residents and neighboring communities.”
The estimated $25 million project has enlisted Seattle-based Linardic Design Group Architects, including all construction and soft costs. Hyatt Place plans to recruit 60 to 80 employees.
“This new addition of Hyatt Place is a true testament to our region’s continued growth,” said Todd Cutts, SeaTac City Manager. “We are very excited to see this development come to fruition, and look forward to the positive contribution it will make to our city’s economic growth. We are eager to be working with Ariel Development to make this happen.”
Ariel Development is an innovative real estate group that has developed and owned properties with local partners and investors, through more than 20 real estate partnerships in the region. Their properties include hotels, office and commercial buildings, as well as retail centers. The Hyatt Place will be their first property in the City of SeaTac.
For more information on this and other City of SeaTac construction projects, please visit www.ci.seatac.wa.us.