Transcription of Development Project for the Hyatt Place Hotel-Table of ...
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Development Project for the Hyatt Place Hotel-Table of ...
Development Project for the Hyatt Place hotel 10 Seneca Meadows Parkway Germantown, MD 20876. By Craig A. Mason CHA, CCIM, CPM, RPA. Hospitality Realty Advisors, LLC. Practicum Advisor: Roger Staiger A practicum thesis submitted to Johns Hopkins University in conformity with the requirements for the degree of Master of Science in Real Estate. Washington, DC. April 28, 2012. 2012 Craig A. Mason All Rights Reserved Table of Contents Executive Summary 5. Development Program .. 9. Project Approach 10. Highest and Best Use 12. Proposed Development Plan 14. Site and Property Productivity Analysis 19. Market Overview . 20. Subject's Physical Attributes.
The proposed project consists of a 159-room select service hotel franchised under the Hyatt Place brand and managed under a third party management contract. A complete site analysis was conducted along with a detailed review of the zoning and the analysis shows that the site is suitable for a hotel development project.
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