Jacksonville Hotel Becomes Hyatt Property
Staff -- Tradeshow Week, 4/25/2005
The Jacksonville, Fla., hotel currently known as the Adam's Mark Jacksonville will soon be reflagged by Hyatt Hotels & Resorts as the Hyatt Regency Jacksonville Riverfront.
A $10 million guestroom renovation of the 966-room hotel is currently under way and is due for completion by early 2006. The revamp will add such Hyatt amenities as self-serve automated check-in kiosks and high-speed Internet access throughout the hotel.
The Hyatt Regency Jacksonville Riverfront will offer meeting planners 110,000 square feet of meeting space, including a 27,100 sq. ft. grand ballroom and 30 individual meeting rooms that can accommodate as many as 4,300 attendees.
Jacksonville Waterfront Partners, a joint venture between San Francisco-based Oxford Lodging Advisory & Investment Group and New York-based Longwing Real Estate Ventures, a member of the Dubai Investment Group, purchased the waterfront facility from HBE Corp.
The hotel is Hyatt's 12th property in Florida, joining other buildings in Bonita Springs, Coral Gables, Fort Lauderdale, Key West, Miami, Orlando, Sarasota and Tampa.
Steve Goldman, executive vice president of development and acquisitions for Global Hyatt, described Jacksonville as "a key Florida convention market (that) continues to grow at a rapid pace."
