Hyatt Hotels Corporation (NYSE: H) announced the groundbreaking for the first Hyatt-branded hotel in Nebraska, Hyatt Place Omaha Downtown/Old Market. The investment of Hyatt affiliates in the purchase of the land and the construction of the hotel, which Hyatt affiliates will own and manage, will total approximately $27 million. Once open, the hotel is expected to create about 50 full-time jobs in Omaha, which is also home to the Worldwide Reservations Center for all Hyatt-branded hotels worldwide. The reservation center has grown from 14 associates in 1972 to 650 today and provides reservation assistance, customer service and sales support for Hyatt-branded hotels 7 days a week, 365 days a year.

Hyatt Place Omaha Downtown/Old Market will have 159 rooms in a stand-alone ten-story building with self-contained parking, located at the northwest corner of Jackson Street and 12th Street. The hotel, designed by the Chicago office of the DLR Group, will be situated amidst Omaha’s arts and entertainment center that features fine dining, shopping, corporate meeting facilities, and upscale nightlife.

Woodbine Development is overseeing the development of the project on behalf of Hyatt affiliates, with Hawkins Construction as General Contractor.

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