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.
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