Hayden Ferry Lakeside has announced that the Hyatt Hotel brand will be the new operator of the previously announced "Le Meridien" hotel site along the Tempe Town Lake.  See the full news article and renderings of the Hyatt Regency Hotel at Hayden Ferry Lakeside below.

 

September 24, 2008

East Valley Tribune

MIKE BRANOM

A Hyatt Regency will be opening on the shore of Tempe Town Lake in 2011, Mayor Hugh Hallman announced Wednesday during his State of the City address.

The 240-room luxury hotel will be part of the Hayden Ferry Lakeside complex, located northeast of the intersection of Mill Avenue and Rio Salado Parkway.

The Hyatt also will feature 24 condominiums, a 4,000-square-foot spa and 13,000 square feet of meeting space, including a 5,000-square-foot ballroom.

Groundbreaking will take place next summer, Hallman said.

Hyatt officials said they were in the final stages of negotiations, and were holding off commenting until late next week.

The master developer of Hayden Ferry, SunCor, also declined to comment, deferring to Hyatt.

Currrently, there are 159 Hyatt Regencies worldwide, according to the company's Web site.

City leaders and the master developer of Hayden Ferry, SunCor, have been trying for years to find an upscale hotelier for that property. A deal with Le Meridien fell through this summer.

Live at Hayden Ferry Lakeside