10 groundbreaking.Īmbrish Baisiwala, CEO of Atlanta-based Portman Holdings, said in a statement the real estate development firm was “delighted” to have complete financing for the project and to start construction, which is expected to be done in September 2022.

“This convention center hotel will change the urban landscape of Salt Lake City and help strengthen the local economy,” Salt Lake County Mayor Jenny Wilson said as officials announced the Jan. The $377 million skyscraper - one of a half-dozen new high-rises now being pursued in the city’s central business district - will be called the Hyatt Regency Salt Lake City. The new 700-room tower is going up at the northwest corner of 200 South and West Temple in Utah’s capital and will be operated by Hyatt Hotels, they said. Salt Lake County officials and developer Portman Holdings said work will begin next Friday on a long-sought 26-story convention center hotel downtown. Salt Lake City’s new 26-story convention hotel to begin construction soon

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