Macerich Joint Venture Partnership Acquires Full Ownership of Kierland Commons

March 01, 2011

Dominant Arizona Property Set Industry Standard for Mixed-Use Retail Development

SANTA MONICA, Calif., Feb. 28, 2011 /PRNewswire/ -- Macerich® (NYSE: MAC), one of the nation's leading owners, operators and developers of commercial real estate, and joint venture partner Institutional Mall Investors, LLC ("IMI") today announced the acquisition of full ownership of Arizona's Kierland Commons from its developers, Dallas-based Woodbine Development Corporation and the Herberger Interests of Phoenix/Scottsdale.

Hyatt Place® Houston/Sugar Land Celebrates Grand Opening

November 17, 2010

Hyatt Hotels & Resorts and Woodbine Development Corporation today announce the opening of Hyatt Place Houston/Sugar Land, marking the largest Hyatt Place property to date and the 21st Hyatt Place in Texas.

Hyatt Place Houston/Sugar Land to Open in Early 2011

March 25, 2010

The Hyatt Place Houston/Sugar Land has topped out. The 214-room hotel is expected to open in early 2011 and will be the first newly built Hyatt Place in the Greater Houston area. It will feature a contemporary look that blends with the Lake Pointe Town Center development and makes the most of a scenic location on the 37-acre Brooks Lake. The hotel is being built with cold-forged steel framing, a material that is made of at least 25 percent recycled content and is itself 100 percent recyclable. Hotel amenities include complimentary Wi-Fi access, a StayFit@Hyatt fitness center, a coffee and wine bar, and the Grab ‘n’ Go case stocked with freshly made sandwiches and salads. The Guest Kitchen offers made-to-order breakfast, lunch and dinner entrées around the clock. Guestrooms feature the Cozy Corner, an eight-foot couch; the Hyatt Grand Bed; and an ergonomic work center. Every guestroom is also equipped with a media center that allows electronic devices to plug directly into the 42-inch, high-definition television. For more information, call 888-492-8847 or visit www.hyattplace.com.

Hyatt Place Houston/Sugar Land Celebrates Topping Out

March 24, 2010

A topping out ceremony marks the completion of a building’s highest point. Hyatt Place Houston/Sugar Land is a nine-story structure, and that point is 107 feet above ground.

The 214-room hotel is expected to open in early 2011 and will be the first newly built Hyatt Place in the Greater Houston area, and at 214 rooms, it will be one of the largest properties to open in the fast-growing Hyatt Place brand.