April 2, 2019 | Development
OTO Development, part of The Johnson Group, has broken ground on Hyatt Place National Harbor. Slated to open in late 2020, the seven-story waterfront hotel will be the first Hyatt-branded property in Prince George’s County, Maryland. It’s the latest hospitality addition to National Harbor, a 350-acre destination on the banks of the Potomac River with a variety of shopping, dining and entertainment opportunities.
Based in Spartanburg, South Carolina, OTO previously developed a Hampton Inn & Suites in National Harbor and now manages that property for Blackstone.
“It’s always exciting to break ground on a new project,” says Corry Oakes, President/CEO of OTO Development, “and that’s especially true within dynamic markets where we already enjoy strong partnerships and successful past collaborations. Our new Hyatt Place will complement National Harbor’s current mix of hotels and resorts, offering a pet-friendly option with thoughtfully designed guest rooms and social spaces.”
Hyatt Place was rated the #1 Upscale Brand in the 2018 Business Travel News Hotel Brand Survey. Factors for its popularity include fresh design concept, larger guest rooms, healthy food and fitness options, 24/7 dining, and brand consistency.
OTO’s partners for the Hyatt Place project in National Harbor include Turner Construction of New York, general contractor; and //3877 of Washington DC, architect and interior designer. The land deal closed on March 1 with Peterson Companies, developer of National Harbor.
“OTO’s history and in-depth knowledge of National Harbor, coupled with the opportunity to introduce the Hyatt brand into an already impressive collection of hotel and resort offerings, made them an ideal partner,” says Taylor Chess, President of Development for Peterson Companies. “We’re excited to collaborate with OTO and welcome Hyatt Place to the Waterfront District at National Harbor.”
The LEED Certified Hyatt Place National Harbor will feature:
Once open, Hyatt Place National Harbor will create 40 FTE jobs.