Locally based Ariel Development has announced plans to construct a new hospitality facility in the suburban city of SeaTac. The seasoned developer is set to build a new hotel that will operate under the Hyatt Place brand. The investment will have a total value of around $25 million, and will benefit from its placement between the more dense urban areas of Seattle and Tacoma, as well as the nearby SeaTac International Airport.
To be developed at 19518 International Blvd. in SeaTac, the hotel project will progress toward a 2016 deadline. A 150-key Hyatt Place will feature a guest amenity package including a pool, a fitness facility and around 3,000 square feet of meeting space, and will be set near Angle Lake Park, one of the city’s main attractions. The hotel’s opening will create a number of jobs, with The Puget Sound Business Journal placing the number at around 60 to 80 new positions. The project is being designed by architectural firm Linardic Design.
Ariel Development has had its fair share of experience in the area’s hospitality market, having been involved in such projects as the Silver Cloud Hotel at 1100 Broadway and the Silver Cloud Hotel – Stadium at First Avenue South, as well as the Hyatt Place at 620 Denny Way and the Courtyard by Marriott at 618 Second Ave.
Image courtesy of arieldevelopment.com.