Hotels

Construction is expected to begin on the towering Times Square development in January 2019.

“Hyatt's departure presented a once-in-a-generation opportunity to diversify our customer community and welcome a modern array of companies across industries and sectors,” says Greg Tait, senior leasing director for Irvine Company Office Properties' Chicago portfolio.

The new dual-branded Hilton Garden Inn/Homewood Suites by Hilton Chicago Downtown South Loop hotel began construction in 2016 is slated to be completed this spring—mid-March-mid-April.

Atlas Hospitality and Fortuna Realty are building a luxury hotel on Water Street in Lower Manhattan.

The joint venture partners report that they have hired Spire Hospitality, AWH's full-service hospitality management company, as the manager of the three properties.

They will be located at Ballston Quarter, Centro Arlington, and The Boro in Tysons.