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Hyatt Newport,CA

Carmel85

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Enjoy it Hyatt Owners looks like more good things are coming to California.

Now lets get this economy going.

I do not think this will be on line till 2012 or 2013 at best.

C85

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Hotel plans $50M project
Hyatt Regency in Newport first needs approval from city. Plans include an 800-seat ballroom and a spa.


Undaunted by a sluggish national economy, the Hyatt Regency Newport Beach is seeking city approval for a $50-million expansion project that would include 88 new time-share units.:cheer: :cheer: :cheer:

“The hotel industry is very cyclical and we do anticipate the cycle to return,” said Paul Devitt, general manager for the Hyatt Regency Newport Beach.

Expansion plans for the resort overlooking Newport Bay at 1107 Jamboree Road also include a two-level parking garage, an 800-seat ballroom and a 10,000-square-foot spa.

“There is enough demand we feel to support the large spa and hotel there,” Devitt said.

The Newport Beach City Council will likely consider approving expansion plans in January, Devitt said.

The project has been in the works for the past three years.

No firm date on when the hotel will break ground on the project has been set.

When construction begins will largely depend on if and when expansion plans gains approval from the California Costal Commission, Devitt said.:doh: :doh:

An 11,000-square-foot ballroom included in the expansion plans would be a boon to the community, said Gary Sherwin, president and chief executive of the Newport Beach Conference and Visitors Bureau.

“It would give us one of the largest ballrooms in the community,” Sherwin said. “As a community, we are short on meeting space and this impacts us on a couple of levels — we’re tapped out on meeting space for local events.”

Negotiations are still in the works on how much money in development fees Newport Beach could stand to gain from the expansion project, said Cora Newman, principal of the firm Government Solutions, a consultant on the project.

The city could get as much as $6 million in fees from the expansion plans, Sherwin said.
 

MaryH

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HR Newport Beach is a nice property... so timeshare should be good.
 

Denise L

Tug Review Crew: Veteran
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Yay! I wonder how long this one will take....

Happy to hear that Hyatt is planning for that area. But with Maui on hold, I suppose it will be awhile. That should give me time to get some more points!
 

chalucky

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Coastal Commission is a serious obstacle...so don't count your chickens. They just shot down Donald Bren and his plans around the Pelican Hill Golf Course...(across from the Marriott Newport Coast).

Hyatt on Jamboree is a tired hotel desperately in need of updating.

Since I live here, I truly will believe it when I see it.
 

Carmel85

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Again for some of you Hyatt owners wanting Hyatt to build build build be happy that Hyatt is trying to get this project approved.

I know in this economy Hyatt will not be building Maui would you?

I do hope chalucky will keep us informed on this project when it goes tot he city and to the coastal commission.:wave:

I really feel the coastal commission will approve this project because the building fit very well with in the Hyatt complex and it is visitor serving which is part of the local coastal plan.

Hyatt got the Carmel Highlands Inn project approved and I know for a fact that was much more involved that this project.

So Hyatt owners and future Hyatt owner be happy that at least Hyatt is moving forward in the process to get to this point it usually take 2 years to see if it is even get to this point in the development stages.

:cheer: :cheer: GO HYATT GO!!!! KEEP The ball rolling the Hyatt management are the BEST in the timeshare business.:cheer: :cheer:

C85
 
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