Commercial new building permits have been filed for a new five-story Hyatt hotel at 629 Richards Boulevard in the riverside masterplan of Township 9 in Sacramento. The plan will develop the vacant parcel with a 201-room by a light rail station under Hyatt’s brand, ‘Caption By Hyatt.’ Presidio Companies and 29th Street Capital are the project’s development team.
The 64-foot tall structure will yield around 146,890 square feet, with 110,470 square feet for guest rooms and 36,420 square feet for the 119-car garage. The project will create around 201 guest rooms. Guestroom amenities include a full-service bar, food service, coffee shop, and meeting spaces. The lobby will create a lively area for guests and residents.
The Caption by Hyatt is a new brand for the hospitality goliath. The firm describes the product as an “upscale hotel experience and a do-good mentality.” Another Caption project has been drafted for Memphis, with Hyatt teasing that plans may be released for Caption hotels in Shanghai, Tokyo, Osaka, and Ho Chi Minh City.
Lowney Architecture is responsible for the design. The Oakland-based firm juxtaposes the historic brick material with plain black metal panels. Concealed metal wall panels will decorate the ground-level cafe and lounge space. The project plan writes that the “exterior was inspired by architectural elements for historic Sacramento buildings.” The L-shaped project will wrap around the rear-lot parking garage.
The property is located at the corner of Richards Boulevard and North 7th Street, by the Township 9 light rail station and across from the rising four-tower office development along Richards. The hotel is part of the 65-acre master-plan development dubbed Township 9. The megaplan is expected to create nearly three thousand homes, 800,000 square feet of offices, retail, and public parks between Richards and the American River.
Other plans for the area include American River One, a four-tower development with 826 homes designed by LPA Design Studio for IM Investments.