The hotel will be located at 1001 Grand Central Parkway, Conroe. According to Conroe Director of Finance Collin Boothe, the hotel is expected to be complete by May 2; however, due to weather delays and material supply chain issues, Boothe said there may be a minor change to the completion date. He could not provide a new date.
In June, former Chief Financial Officer Steve Williams said the cost of the project had exceeded the set budget by nearly $8 million. According to previous Community Impact reporting, the budget was originally set at $92 million. The budget has since grown to $107 million, where it has remained since June, according to Boothe.
Conroe Mayor Jody Czajkoski said he believes Conroe is going to benefit from the hotel by it being a Hyatt hotel.
He said not only will Hyatt members choose to stay there, but the hotel creates opportunities for other businesses to bring jobs to the area. Czajkoski said the Conroe Economic Development Council has already received calls from out-of-state businesses looking to move to Texas.
"It's a proven model. The Woodlands built their convention center and hotel, and look what sprung up next to it," Czajkoski said. "Now we can bring larger conventions [to Conroe]. ... Conroe is definitely a destination city."
The hotel will be a seven-story hotel, consisting of 250 rooms, food and beverage facilities, a fitness center, pool, and other amenities, such as a full-service three-meal restaurant with a private dining room, a club lounge, a lobby bar, and a breakfast buffet.
The hotel will also include a business center, high-speed internet, an outdoor pool terrace with amenity deck and a marketplace area.
According to Boothe, the Hyatt Regency will provide Conroe with an upscale convention center hotel serving both corporate and leisure guests.
“Out-of-town visitors spend money in the local economy on retail, restaurants, fuel, lodging and nightlife, which supports local jobs and businesses,” Boothe said in a Dec. 20 email. “The project will also generate hotel occupancy tax revenue, sales tax revenue and mixed beverage tax revenue.”