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The $12.7M Residences at Park Hyatt Opens

WASHINGTON, DC-The Residence at Park Hyatt, a $12.7 million project of Park Hyatt Hotels and Centergate Residential, has opened its doors for tenant occupation.

By Barbra Murray | Updated on May 12, 2002

WASHINGTON, DC-The $12.7 million luxury 85-unit apartment structure, The Residences at Park Hyatt Washington, has opened its doors. Located in the District’s West End area at 1221 24th Street, the residential building is connected to the Park Hyatt Hotel and offers one and two-bedroom luxury apartments for lease from $1995 to $3,345. The joint apartment/hotel concept marks the first collaboration between Park Hyatt and Centergate.

DC’s Donohoe Construction Company served as the contractor on the building and broke ground on the project in November of 2000. A development of Chicago, IL’s Pritzker Realty Group subsidiaries Park Hyatt and Centergate Residential, the Residences’ physical connection to the hotel on the second and third floors allow tenants to indulge in additional amenities–such as room service, 24-hour concierge access, and a state-of-the-art fitness club–that would normally be enjoyed only by the hotel guests. The building also offers a 115-space below-grade parking garage and 15,575 sf of recreation space. There are 24 different floorplans, including two floors reserved for penthouse apartments.

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