Hyatt Place(R) Hotel Coming Soon to Lake Pointe Town Center in Sugar Land

SUGAR LAND, Texas--(BUSINESS WIRE)--Sugar Land will soon be home to one of Hyatt Hotel & Resort's newest concepts: Hyatt Place. The 214-room, 135,000-square-foot Hyatt Place will be built on 3.7 acres along Brooks Lake in Lake Pointe Town Center, the mixed-use, urban village-style development at the northwest corner of Highway 6 and U.S. 59. Planned Community Developers, Ltd. (PCD) is pleased to announce this latest addition to Lake Pointe.

Hyatt Place was launched in 2006 and has grown to more than 135 hotels nationwide. Woodbine Development Corporation of Dallas and Hyatt Hotels & Resorts of Chicago have formed a joint venture to develop the Sugar Land location, which will be only the second Hyatt Place in the Greater Houston area. Hyatt Place is known for its atmosphere of casual hospitality and is specifically designed to accommodate the 24/7 lifestyle of today's travelers, by offering amenities such as complimentary Wi-Fi access throughout every hotel.

Woodbine and Hyatt recently opened the Hyatt Place Phoenix/Gilbert in Arizona, one of Gilbert's newest hotels. Hyatt Place guestrooms, which offer separate areas to work, relax and sleep, offer 42-inch, flat-panel, high-definition televisions, the Hyatt Grand Bed™, an eight-foot sectional sofa-sleeper and the Hyatt Plug Panel™, which allows guests to connect their portable media devices directly into the HDTV.

In the Gallery, or public space, guests are greeted by a Gallery Host who can assist them with everything from check-in to preparing a freshly made meal or snack. The Gallery also features two self-registration kiosks, a 24-hour Guest Kitchen, Bakery Café, a coffee and wine bar and an e-room offering public computers and a printer.

Jason Gregorek, director of development for Hyatt, and King Scovell, Woodbine's director of Hyatt Place development, represented the Hyatt-Woodbine partnership in the transaction. Les Newton, president of Planned Community Developers, represented PCD.

About Hyatt Place

Hyatt Place brings the authentic hospitality for which Hyatt is known to the upscale select-service category. Inspired by multitasking travelers' 24/7 lifestyle, Hyatt Place combines stylish design, practical amenities, forward-thinking technology and purposeful service so guests can remain connected and productive while traveling. Hyatt Place is a brand of Hyatt Hotels Corporation that currently offers more than 130 locations throughout the United States.

About Hyatt Hotels Corporation

Hyatt Hotels Corporation, headquartered in Chicago, is a leading global hospitality company with a proud heritage of making guests feel more than welcome. Thousands of members of the Hyatt family in 45 countries strive to make a difference in the lives of the guests they encounter every day by providing authentic hospitality. The company's subsidiaries own, manage or franchise more than 380 hotels and resorts under the Hyatt®, Park Hyatt®, Andaz™, Grand Hyatt®, Hyatt Regency®, Hyatt Place® and Hyatt Summerfield Suites™ brand names and have additional locations under development on five continents. Hyatt Vacation Ownership Inc., a Hyatt Hotels Corporation subsidiary, develops and operates vacation ownership properties under the Hyatt Vacation Club® and Hyatt Residence Club® brands.

About Woodbine Development

Woodbine Development Corporation is a 35-year-old real estate company focused on development opportunities in the southern half of the United States, with emphasis on Texas, Arizona and Nevada. The company, including its Phoenix affiliate Woodbine Southwest Corporation, specializes in the following types of projects: hotels, resorts and golf courses; multiuse land developments; mixed-use properties, and real estate services provided to corporations, non-profit organizations and individuals.

About Planned Community Developers, Ltd.

Planned Community Developers, Ltd. ("PCD") is the developer of the 9,700-acre First Colony master-planned community in Sugar Land, Texas, located southwest of Houston. PCD is currently developing two other major projects: River's Edge, a 370-acre community in Richmond, Texas, and Lake Pointe Town Center, a 190-acre, mixed-use development at the intersection of U.S. 59 and Highway 6. PCD continues to oversee the phased development of the 32-acre Sugar Land Town Square, located at the intersection of U.S. 59 and Highway 6. Phases One and Two of Town Square are complete and include a 300-room full-service Marriott hotel and conference center, a new 82,000 square-foot City Hall for Sugar Land, 167 mid-rise residential condos, 208,000 square feet of office space, 182,000 square feet of upscale Main Street retail and restaurants and a 1.4-acre pedestrian plaza. The next phases of development will include an additional 357,000 square feet of Class A office space and 56,000 square feet of retail space and is projected to be complete by 2010.

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