LANSING—CSM Lodging has decided to develop a Hyatt Place hotel Lansing Township, MI. The six-story, 125-key Hyatt Place Lansing hotel will sit within the Heights at Eastwood adjacent to the Eastwood Towne Center. Along with the hotel, the Heights at Eastwood will have 100,000-square-feet of in-line retail and a 125-unit luxury apartment building.
Construction for the new $18.3 million, 82,000-square-foot hotel will begin early this month with a target opening of spring 2015. This is CSM Lodging's first joint venture with MDG Development, a development and management firm specializing in projects within North America and Europe.
The new Hyatt will be located at the Lake Lansing Rd. and US-127 interchange, minutes from Michigan State University and from the state capitol.
“We are excited to be a part of the new Hyatt Place Lansing Eastwood and to grow our portfolio in Michigan,” says Bill Upshaw, the president of CSM Lodging, a division of CSM Corp. “Our joint venture with MDG Development allows CSM to continue to grow our third party management platform. CSM is also excited to develop our first Hyatt-branded hotel, and we look forward to furthering our relationship with the Hyatt family of brands.”
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
