Hyatt Regency San Francisco Downtown SOMA

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Hyatt Regency San Francisco Downtown SOMA
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Hyatt Regency San Francisco Downtown SOMA, on far left, overlooking Yerba Buena Gardens
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Location within San Francisco
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Hyatt Regency San Francisco Downtown SOMA (California)
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Hyatt Regency San Francisco Downtown SOMA (the United States)
Hotel chain Hyatt Hotels
General information
Address50 Third Street
San Francisco, California
Coordinates 37°47′12″N122°24′11″W / 37.78654°N 122.40309°W / 37.78654; -122.40309
OpeningOctober 1983
Owner Highgate Hotels
Management Highgate Hotels
Height114 m (374 ft)
Technical details
Floor count36
Design and construction
Architect(s)Hornberger + Worstell
DeveloperArcon/Pacific Ltd. [1]
Other information
Number of rooms686 rooms
Website
[2] [3]

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

Contents

History

The Hotel Meridien San Francisco opened in October 1983, [4] 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. [5] Democratic candidate Walter Mondale stayed at the hotel during the 1984 Democratic National Convention at the adjacent Moscone Center. [6] The hotel was sold to ANA Hotels for $100 million in 1988 and renamed ANA Hotel San Francisco. [7] 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. [8] Lowe subsidiary Destination Hotels assumed management, renaming the property The Argent Hotel. [9]

Following its sale in 2005 to Highgate Holdings and Whitehall Street Global Real Estate Partnership, [10] the hotel underwent a $28.3 million renovation in early 2007 and was renamed The Westin Market Street San Francisco on April 12, 2007. [11] LaSalle Hotel Properties acquired the hotel for $350 million on January 23, 2015 and renamed it the Park Central Hotel San Francisco. [12] In November 2018, Pebblebrook Hotel Trust acquired La Salle Hotel Properties for $5.2 billion. [13] 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. [14] On December 18, 2020, Highgate entered into a franchise agreement for the Park Central to become a Hyatt affiliate hotel, [15] while it was renovated at a cost of $50 million. The renovations added 5 rooms, for a total of 686. [14] 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. [16]

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. [12]

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References

  1. ↑ "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. Retrieved 18 March 2023.
  2. ↑ "Emporis building ID 118747". Emporis . Archived from the original on March 6, 2016.{{cite web}}: CS1 maint: unfit URL (link)
  3. ↑ "Hyatt Regency San Francisco Downtown SOMA". SkyscraperPage .
  4. ↑ "What's Doing in San Francisco". New York Times. 24 June 1984. Retrieved 31 December 2020.
  5. ↑ "cdengineers.com". www.cdengineers.com.
  6. ↑ "The Center Of Strange In San Francisco". Washington Post. 24 June 1984. Retrieved 31 December 2020.
  7. ↑ "PACIFIC REPORT : Asian Hospitality : Hotels: While many U.S. chains are cutting back, others run by Japanese and Chinese companies are expanding--but selectively". Los Angeles Times. May 20, 1991.
  8. ↑ "Info". www.bizjournals.com. September 28, 1998. Retrieved 2020-02-05.
  9. ↑ "Destination Hotels Resorts Assumes Management of the ANA Hotel, San Francisco; Renames Property the Argent Hotel / Sept 1998". Archived from the original on 2011-11-13. Retrieved 2020-04-30.
  10. ↑ Armstrong, David; Writer, Chronicle Staff (February 7, 2007). "$29 million makeover for Argent / The hotel will be renamed Westin and raise its rates". SFGate.
  11. ↑ "San Francisco?s Argent Hotel Emerges from a Major Renovation to Become the Westin San Francisco Market Street / April 2007". Archived from the original on 2015-09-24. Retrieved 2015-01-23.
  12. 1 2 "LaSalle Hotel Properties grabs The Westin Market Street hotel in S.F. for $350 million". San Francisco Business Times. 26 January 2015. Retrieved 27 January 2015.
  13. ↑ "Pebblebrook, LaSalle Complete Merger; Start Selling Hotels Immediately".
  14. 1 2 Regency Hyatt some renovation (subscription required)
  15. ↑ "Hyatt Announces Plans for a New Hyatt Regency Hotel in San Francisco".
  16. ↑ "Hyatt Regency San Francisco Downtown SoMa opens after rebrand". 16 February 2022.
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