Hotels

A new park-centric multi-use development called Monarch City was recently introduced by the Howard Hughes Corporation and zoning is expected to begin this year on the community.

When complete, the Hyatt Regency Stonebriar will have a 3,000-square-foot Frisco public library available for use by hotel visitors and city residents, and connect directly to the mall, Stonebriar Centre.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The proposed hotel would total up to 250 guest suites and would also feature a pool, meeting space, and other amenities.

The closing on the sale of the Renaissance Tampa International Hotel is expected in the second quarter and will complete a reverse 1031 exchange initiated to acquire the Ritz-Carlton Sarasota in April for approximately $171 million.

The Port of San Diego and Chula Vista have approved the public-private partnership agreement to completely redevelop the Chula Vista Bay Front.

A roundup of the latest leases, sales and other transactions in the Northeast middle markets.

The 210-room Hampton Inn & Suites is trading for $44 million, or $210,000 per key.