JERSEY CITY, NJ—Executives from NorthCarolina-based Concord Hospitality Enterprises andJersey City Mayor Steven Fulop ceremoniallyautographed an 800-lb. support beam to start construction on a258-room Hyatt House hotel in the Exchange Placedistrict of Jersey City.
It's part of a public/private revitalization effort that willbring 350 construction jobs, and 80 permanent and 60 part timehotel jobs to the Hudson County market. The project willtransform a 92-year old bank building into Jersey City's firstHyatt House hotel.
The expected $90 million will generate some $1.6 million inannual revenue to the city.
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