July 15th, 2009

HYATT PLACE® HOTEL COMING SOON TO LAKE POINTE TOWN CENTER IN SUGAR LAND

SUGAR LAND, TX (July 15, 2009) – 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.