Boca’s Economic Development Report

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By: Jessica Del Vecchio, Boca’s Economic Development Manager
Special to the Boca and Delray newspapers
We recently took a tour of the new Hyatt Place hotel, in Downtown Boca. The night of our tour the lobby bar was bustling. Apparently, they have a well attended happy hour Monday through Friday nights. On Wednesday, Friday and Saturday evenings they have live entertainment to add to this high energy vibe. Audra Durham, the Hyatt’s director of sales, was kind enough to give us the tour and quickly pointed out that in addition to attracting guests of the hotel, the lobby bar and live entertainment attracts people that are walking to and from surrounding downtown shops and restaurants.
Speaking of downtown restaurants, in a few months, Chef Louie Bossi of the Big Time Restaurant Group, which operates City Oyster, Big City Tavern and Rocco’s Tacos, will be opening his well known Italian eatery. The new location, which is the second for Bossi, will be adjacent to the Hyatt Place. The restaurant, which is on the first floor by the Hyatt’s lobby, will encompass a total of 10,000 square feet, 8,000 of it will be indoor space and 2,000 will be outdoor patio space. We’re told they’ll also have a bocce ball court for guests to enjoy.
After our lobby tour we went to see the rooftop infinity pool, located on the seventh floor. The views from this rooftop pool and patio area were incredible but the view from the 11th floor patio terrace definitely provided the best views of our downtown. Although we weren’t able to see it, due to the night sky, we’re told on a clear day this terrace has views that span to the ocean.
After our tour, we took some time to discuss the business aspect of the hotel, which plans to hire about 65 full time employees.
It’s not surprising that a number of analytical and economic impact studies and reports are conducted prior to selecting a location for a new business venture, but it’s especially true for a hotel. The Hyatt’s Tour and Travel Division and Opaque sites confirmed a number of trends while they conducted their due diligence. One of these trends was an influx of international travel coming into our city. We asked the Hyatt team if the new Customs facility at the Boca Airport came into play when considering their expansion into our market and they told us it was definitely a factor.
With over 300 locations in the U.S. and more than 45 in Florida, we asked Scott Webb, the president of Kolter Hospitality, why Boca was selected as the location for their newest hotel.
He told us, “Boca Raton is a true destination location. The majority of the other upper-end brands already have several offerings in the Boca Raton market. The Hyatt did not – this will allow us to maximize their reservation system. By this I mean, any loyal Hyatt guest coming to Boca, will book with us.”
The Hyatt Place is the first hotel to open in our downtown and Webb credited the corner site at Palmetto Park Road and Federal Highway with offering “a fantastic walk-ability factor, offering a myriad of retail, restaurants and bars all within walking distance of the hotel, including Mizner Park.”
As part of their grand opening promotion, the Hyatt Place is offering discounted rates to Florida residents.
To learn more, you can visit them online at: https://bocaratondowntown.place.hyatt.com/en/hotel/home.html?offerCode=FLRR-
Have corporate news to share or looking to relocate/expand your company to Boca Raton? Contact the city’s economic development office at economicdevelopment@myboca.us or 561-393-7761.