Hyatt Regency San Francisco Downtown SOMA explained

Hotel Name:Hyatt Regency San Francisco Downtown SOMA
Address:50 Third Street
San Francisco, California
Chain:Hyatt Hotels
Coordinates:37.7865°N -122.4031°W
Pushpin Map:United States San Francisco Central#California#USA
Opening Date:October 1983
Developer:Arcon/Pacific Ltd.[1]
Architect:Hornberger + Worstell
Operator:Highgate Hotels
Owner:Highgate Hotels
Number Of Rooms:686 rooms
Floors:36
Height:114m (374feet)
Website:https://www.hyatt.com/en-US/hotel/california/hyatt-regency-san-francisco-downtown-soma/sford
Footnotes:[2]

The Hyatt Regency San Francisco Downtown SOMA is a 36-story highrise hotel at 50 Third Street in San Francisco, California.

History

The Hotel Meridien San Francisco opened in October 1983,[3] managed by the Meridien Hotels division of Air France, as the first private project of the San Francisco Redevelopment Agency's development in the Yerba Buena district.[4] Democratic candidate Walter Mondale stayed at the hotel during the 1984 Democratic National Convention at the adjacent Moscone Center.[5] The hotel was sold to ANA Hotels for $100 million in 1988 and renamed ANA Hotel San Francisco.[6] Scenes in David Fincher's 1997 film The Game were shot in the hotel. ANA sold it, along with their Washington, DC hotel, to Lowe Enterprises on September 29, 1998 for $270 million.[7] Lowe subsidiary Destination Hotels assumed management, renaming the property The Argent Hotel.[8]

Following its sale in 2005 to Highgate Holdings and Whitehall Street Global Real Estate Partnership,[9] the hotel underwent a $28.3 million renovation in early 2007 and was renamed The Westin Market Street San Francisco on April 12, 2007.[10] LaSalle Hotel Properties acquired the hotel for $350 million on January 23, 2015 and renamed it the Park Central Hotel San Francisco.[11] In November 2018, Pebblebrook Hotel Trust acquired La Salle Hotel Properties for $5.2 billion.[12] Pebblebrook immediately sold a number of La Salle's hotels, including the Park Central, which was bought for $315.2 million by Highgate Hotels, a division of Morgan Stanley.[13] On December 18, 2020, Highgate entered into a franchise agreement for the Park Central to become a Hyatt affiliate hotel,[14] while it was renovated at a cost of $50 million. The renovations added 5 rooms, for a total of 686.[13] At the conclusion of the renovations, the hotel joined the Hyatt Regency brand and was renamed Hyatt Regency San Francisco Downtown SOMA on February 16, 2022.[15]

Facilities

The hotel has 23,000 square feet of meeting and event space, including a 9,000 square-foot ballroom with capacity of up to 1,200 guests.

External links

Notes and References

  1. Web site: Arcon/pacific Ltd., a Limited Partnership, by and Througharcon, Inc., a Corporation, General Partner;arcon, Inc., a Corporation Individually,plaintiffs-counter-defendants-appellants, v. Estate of Robert S. Coit; Estate of Benjamin Coit; Michaelcoit; Harold Pink,defendants-counter-claimants-appellees.arcon/pacific Ltd., a Limited Partnership, by and Througharcon, Inc., a Corporation, General Partner;arcon, Inc., a Corporation Individually,plaintiffs-counter-defendants-appellees, v. Estate of Robert S. Coit; Estate of Benjamin Coit; Michaelcoit; Harold Pink, Defendants-counter-claimants-appellants, 106 F.3d 406 (9th Cir. 1996). Justia Law. 18 March 2023.
  2. Web site: Emporis building ID 118747 . https://web.archive.org/web/20160306025353/https://www.emporis.com/buildings/118747 . dead . March 6, 2016 . Emporis.
  3. News: What's Doing in San Francisco. 31 December 2020. New York Times. 24 June 1984.
  4. Web site: cdengineers.com. www.cdengineers.com.
  5. News: The Center Of Strange In San Francisco . 31 December 2020. Washington Post. 24 June 1984.
  6. Web site: PACIFIC REPORT : Asian Hospitality : Hotels: While many U.S. chains are cutting back, others run by Japanese and Chinese companies are expanding--but selectively.. May 20, 1991. Los Angeles Times.
  7. Web site: Info . September 28, 1998 . www.bizjournals.com. 2020-02-05.
  8. Web site: Destination Hotels Resorts Assumes Management of the ANA Hotel, San Francisco; Renames Property the Argent Hotel / Sept 1998 . 2020-04-30 . https://web.archive.org/web/20111113193119/http://www.hotel-online.com/News/PressReleases1998_3rd/Sept98_ArgentAna.html . 2011-11-13 . dead .
  9. Web site: $29 million makeover for Argent / The hotel will be renamed Westin and raise its rates. David. Armstrong. Chronicle Staff. Writer. February 7, 2007. SFGate.
  10. Web site: San Francisco?s Argent Hotel Emerges from a Major Renovation to Become the Westin San Francisco Market Street / April 2007 . 2015-01-23 . https://web.archive.org/web/20150924031416/http://www.hotel-online.com/News/PR2007_2nd/Apr07_Argent.html . 2015-09-24 . dead .
  11. News: LaSalle Hotel Properties grabs The Westin Market Street hotel in S.F. for $350 million. 27 January 2015. San Francisco Business Times. 26 January 2015.
  12. Web site: Pebblebrook, LaSalle Complete Merger; Start Selling Hotels Immediately.
  13. https://www.bizjournals.com/sanfrancisco/news/2021/06/28/regency-hyatt-soma-renovation-park-hotel.html Regency Hyatt some renovation
  14. Web site: Hyatt Announces Plans for a New Hyatt Regency Hotel in San Francisco.
  15. Web site: Hyatt Regency San Francisco Downtown SoMa opens after rebrand. 16 February 2022.