An affiliate of Hyatt Hotels has entered into a franchise agreement with a McGough Development affiliate for a Hyatt Regency hotel in Bloomington, Minnesota, US.
The 302-room Hyatt Regency Bloomington Central Station hotel will include residential, retail and Class A office components.
Expected to open in early 2016, the hotel will have 17,000ft² of meeting space, including an 8,250ft² ballroom.
It will have a full-service restaurant, bar and lounge, indoor pool, fitness centre, a market and coffee shop, and a business centre.
The property will be managed by Aimbridge Hospitality.
Hyatt Americas real estate and development senior vice president David Tarr said: "We are delighted to enhance Hyatt’s brand presence in the Minneapolis-St. Paul metroplex with the first Hyatt Regency in the city of Bloomington, Minnesota."
As of 31 March 2014, the company’s executed contract base consisted of approximately 240 hotels or approximately 54,000 rooms.
McGough Development executive vice president Greg Munson said: "We believe that leveraging the strength and innovation of the Hyatt Regency brand as part of the mixed-use complex will attract business and leisure travellers from across the region."