Greenspace
Senior Member
Proposed Hyatt developments:
- Union Bank Hotel PIPELINE
|
|
|
- Thread starter archited
- Start date
Kosy123
Active Member
That’s.. an unexpected but welcome surprise!
MacLac
Senior Member
I'm just trying to do the math. Surprises me that Hyatt - would take this on with what? Less than 2 dozen rooms? I don't know what brand they have that would quantify such a small hotel...do they have a boutique brand? I see that the Peg is getting a Hyatt Centric - they'll have more Hyatt's than we do......Nm - I went to their website....they don't have any brand that would encompass this hotel.
davcocom
New Member
Last edited:
Greenspace
Senior Member
99% of branded hotels are not owned by the hotel chain. They are franchises. Every hotel chain has a brand for every size and variety of hotel including one with only two dozen rooms.
In a secondary or tertiary market, a branded hotel is more likely to be successful.
In a secondary or tertiary market, a branded hotel is more likely to be successful.
IanO
Senior Member
Not even franchises really; often just management and branding.
EdmTrekker
Senior Member
I suspect that this may be the case here if the Owner has other properties and investments. Do we know who the Owner is?
SimonCo
New Member
There's demolition signs on the walls. Are they demo'ing the building?
IanO
Senior Member
I believe there is significant interior work (hotel to office) and redoing the east entrance/patio.
kcantor
Senior Member
^^
They'll be doing interior demolition (flooring, partitions, finishes etc.), not the building.
^^^
growlending.ca
They'll be doing interior demolition (flooring, partitions, finishes etc.), not the building.
^^^
Our Team | Grow Lending Group Inc.
OUR TEAM Meet Our Dedicated Grow Lending Team Members David Hawreluk, LLB, K.C. CEO, Legal Counsel Dwayne Hunka President Kevin Lynch, LLB Vice President Andrew Hunka General Manager Fox Hawreluk Lending and Investment Specialist Adelhardt Glombick Doug Podmore Jim Barnett, CPA, CGA Ryker Barnett
growlending.ca
EdmTrekker
Senior Member
"As the last remaining pre-WWI bank building in Edmonton, we will be bringing the Union Bank building back to a financial institution. Our plans include converting the top two floors into our corporate offices, and completely renovating and upgrading the restaurant and the remaining 26 hotel rooms."
growlending.ca
Renovation of the historic Union Bank Building in downtown Edmonton | Grow Lending Group Inc.
News Grow Lending Group™ is excited to be a part of the transformative renovation of the historic Union Bank Building in downtown Edmonton. The building will serve as our corporate headquarters and bring new life into the hotel and restaurant space. This iconic landmark will once again be a hub...
growlending.ca
LibraLibro
New Member
I hope Frank Architecture is still in charge of designing the rooms, and hopefully the restaurant too. They have done such incredible work all over the province.
Last edited: