Hyatt Place Downtown Los Angeles
Silverwest plans to develop a 16-story, 258-key select-service Hyatt Place hotel in Downtown Los Angeles in a partnership with AECOM Capital. The hotel will occupy a prime location in the South Park neighborhood, approximately four blocks east of the Los Angeles Convention Center and proximate to L.A. Live and Crypto.com Arena, formerly Staples Center. The project is planning to begin construction in 2022 and open in 2024. The project has received a transit occupancy tax (TOT) rebate for 25 years form the City of Los Angeles.
Los Angeles, California
California's largest city, Los Angeles is a hub for convention business, entertainment, sports, film, and dining. The thriving economy and multitude of diverse experiences makes LA a destination for business and leisure travelers.