RIVERSIDE, Calif.--(BUSINESS WIRE)--Tricorp Hearn Construction, one of California’s leading hospitality general contractors is under way with construction and design of 1,000 hotel rooms throughout the state, and the company has just completed Hyatt Place Riverside/Downtown at Fox Plaza located in the heart of downtown Riverside. The $11 million ground up construction project is the first phase of a three-part development plan adjacent to the Riverside Convention Center. Tricorp Hearn, private developer, MetroRiverside LLC and RYS Architects worked in cooperation with the City of Riverside and Downtown Riverside Partnership to provide accommodations to support business travelers and entertainment activities to revitalize the downtown district.
This is the second of three Hyatt Place projects awarded to Tricorp Hearn, with one currently under construction in El Segundo and a two-phase project on the UC Davis campus. Hyatt Place Riverside/Downtown is a five-story, 85,000+ square foot hotel, with 125 guest rooms, wood framed construction on a concrete podium. The amenities include meeting rooms, a Café/bar, breakfast area, 24 hour food service, pool and fitness facility. The hotel will have positive fiscal impact enhancing downtown visibility and the local economy, creating permanent jobs.
“Tricorp Hearn’s experience and their extensive hotel portfolio were major factors in awarding this project to them,” said Dianne Floryan, Hyatt Place Riverside/Downtown General Manager. “Tricorp Hearn helped keep the project on time and on budget, and we’re excited to have our hotel located in the centerpiece of mixed-use development space, which includes retail, arts and entertainment venues for the city of Riverside.”
Hospitality Projects Underway Across California
Tricorp Hearn has an extensive portfolio of major hotel brands across California, making the hospitality sector one of their most successful markets. Steve Hunter, President of Tricorp Hearn Construction, comments, “This year we have been selected with other developers on multiple hotel projects in Sacramento, Union City, St. Helena, Calistoga, Winters and Livermore, with several under construction across the state.” Hunter explains, “Our partnership approach using design-build delivery method with owners and architects has proven to be a successful strategy and we will continue to pursue hotel business that benefits all entities involved, including cities who gain positive economic impact from these projects.”
Hyatt Place, UC Davis Campus Phase I & II
Tricorp Hearn was the general contractor on Phase I of the Hyatt Place UC Davis, utilizing a Public-Private-Partnership delivery method between UC Davis and the University Hospitality Group. This ground-up construction project is wood frame, four-story, 52,000 square feet consisting of pool, kitchen, meeting and conference rooms. The project was completed on time and within budget. Tricorp Hearn is now in a design-build contract for the Phase II 52-room expansion.
Hyatt Place, El Segundo
Tricorp Hearn has begun construction on a Hyatt Place hotel in El Segundo with OTO Development and Braun & Steidl Architects. This new, 83,000 SF, five-story wood framed, 142-room hotel features meeting rooms, pool, fitness room, outdoor dining patio and fireplace. This will be the first Hyatt Place in the Los Angeles area and is located in the heart of a dynamic business community, just south of LAX International Airport. This $11 million project is slated to be complete at the end of 2012.
Hampton Inn, San Luis Obispo
Tricorp Hearn has started construction on this San Luis Obispo project with eight completed Hampton Inn hotels in their portfolio including Hayward, Livermore, Milpitas, Fremont, West Sacramento, Yuba City, Fremont and Riverside. This ground-up construction of a 4-story, wood frame hotel with 84 rooms, pool, and fitness center was in partnership with SLO Lodging and PK Architects and is a $6 million project nearing completion.
Grandview Hotel, St. Helena
Another design/build contract underway this year for Tricorp Hearn is a 5-star, 57-room luxury hotel in St. Helena with Grandview Hotel Investors LLP, HR Group Architects and Gensler Interior Design Group. The historical renovation of the existing Acacia House will be the focal point of the development and will include 5 guest rooms, reception, a wine tasting area and restaurant. The spa facility and pool will be in separate buildings surrounded by the rest of the guest rooms.
About Tricorp Hearn Construction
One of the leading construction companies in California, Tricorp Hearn Construction combines vast and diverse expertise from three founders, Tony Moayed, Steve Hunter and Ken Cohen. The owners bring experience in all phases of pre-construction and construction management, with the company winning many awards including 2006 General Contractor of the Year by the American Subcontractors Association, and was named Sacramento’s Fastest Growing Company in 2007. Tricorp Hearn’s success is based on the company's business philosophy which is committed to a relationship driven, collaborative approach that puts the emphasis on client's needs. The company has diverse experience in both public and private projects serving a wide array of industries and market sectors including hospitality, multi-family, medical, education, government, winery, industrial, tenant Improvement and retail. For more information, please visit www.tricorphearn.com.
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