ENSEMBLE REAL ESTATE INVESTMENTS TEAMS WITH PASADENA’S UPSCALE RETAIL ENTERTAINMENT CENTER FOR NEW HYATT PLACE
Hotel Property Set To Anchor City’s Most Popular, Successful Mall in 2018; Extends Southern California Footprint, Hospitality Portfolio
PASADENA, Calif., September 14, 2017 – Ensemble Real Estate Investments today announced construction is underway for a new 186-room upscale Hyatt Place hotel in Pasadena’s most popular retail and entertainment center, The Paseo. The downtown six-story hotel, is scheduled for completion by the end of 2018. The latest Ensemble hotel project marks its second Hyatt Place property in California and signals the company’s ongoing commitment to expanding its bourgeoning Southern California hospitality and residential portfolio.
The hotel’s ground breaking ceremony will take place onsite Thursday, September 14 at 11:30 a.m., with Pasadena Councilmember Steve Madison and other city officials in attendance to commemorate the development milestone.
The chic Hyatt Place hotel will anchor the northwest corner of Green and Los Robles within the The Paseo retail center (formerly called Paseo Colorado) – a trendy outdoor mall covering three city blocks with office space, a movie theater, and wide array of popular national and boutique shops and restaurants. Conveniently located a half block from the Pasadena Convention Center, the new Hyatt Place will represent a prominent mall landmark, and is uniquely positioned to serve Pasadena’s growing hospitality and entertainment market. Similar to its successful Northern California sister property in Emeryville that opened in late 2016, the hotel will be part of the emergent Hyatt Place collection, a business-travel brand known for its generous and stylish rooms, quality 24/7 guest service, and complimentary full breakfasts.
“Ensemble has long recognized and embraced the powerful synergies of hospitality and entertainment, and is committed to building new properties that reflect that sprit to offer guests a unique, immersive experience all in a single venue,” said Conrad Garner, senior vice president, development services for Ensemble Real Estate Investments. “The fusion of hospitality and ‘eatertainment’ is increasingly demanded from business and leisure travelers all over the world, and we believe The Paseo shopping center represents a welcomed extension of the Hyatt Place amenities. Ensemble remains focused on this distinct progression as we move up-market with our signature brands and diverse portfolio of hospitality, healthcare and multi-use investments.”
The Hyatt Place Pasadena will showcase:
- 186 guest rooms that feature Hyatt’s latest guest room design package
- Custom lobby and ground floor design
- Second floor pool deck
- High-end meeting space
- Large fire pit
- Upscale corner suites
About The Paseo
The Paseo is a one-stop destination for shopping, dining, and entertainment located in the heart of historic downtown Pasadena, California. Shop at a beautiful outdoor lifestyle center anchored by West Elm, Arclight Cinemas, Victoria’s Secret, Bath & Body Works and DSW, and dine at restaurants including El Cholo Café, Yard House, Island’s Fine Burgers & Drinks, P.F. Chang’s China Bistro and more. Conveniently accessible from the I-210 and 110 freeways, The Paseo is located at the intersection of East Colorado Boulevard and South Marengo Avenue, adjacent to the Pasadena Convention Center.