Published : Tuesday, September 12, 2017 | 5:02 AM
Hyatt Place Pasadena is set to break ground Thursday, September 14, on a 186-room hotel located in the heart of Pasadena at the corner of South Los Robles Avenue and East Colorado Boulevard. The ceremony is scheduled to take place from 11:30 a.m. to 1:30 p.m.
The project is composed of a six-story hotel paired with a seven-story mixed-use building. It will fill the 150,000-square-foot space previously occupied by a Macy’s department store.
Richard McDonald, the project’s legal counsel, said the Hyatt will provide an expansive economic boost for Pasadena’s central commercial district.
“Bigger for the Paseo, bigger for the convention center, bigger for the city as a whole,” McDonald said. “Not just the sales tax revenue, which would be significant, but also the support that it will provide for the convention center, the support that it will provide for the Paseo, the support that it will provide for the midtown area where the Paseo is located, as well as the Playhouse District to the east and the Old Pasadena to the West. Kaiser Medical School is going to be across the street diagonally to provide support as well.”
McDonald also said the project is expected to generate hundreds of new jobs in the construction phase, and more jobs when the hotel finally opens for the public.
Pasadena’s Economic Development Department Manager Eric Duyshart said the City welcomes the new project enthusiastically, especially since it should generate employment and help the local economy.
“We’re trying to see the improvement to the Paseo Colorado block and it is going to be nice to have another hotel option so close to the commercial center,” Duyshart said. “And the Hyatt place is a good operator for the business people that are coming into Pasadena.”