San Francisco International Airport’s new airport-owned and privately managed $237 million Grand Hyatt luxury hotel is on track for a completion date of July 2019.
The deal between SFO and Hyatt gave branding and managing rights to Hyatt, but allows SFO to retain ownership of the property. The airport will finance the $237 million for the hotel’s construction. Groundbreaking for the hotel was held on June 20th of 2017.
No zoning changes were required to accommodate the hotel, which is going up in approximately the same location as the prior hotel, giving up-close views of jumbo jets on the tarmac.
