Hyatt Regency New Orleans
, located at 500 Poydras Plaza in the Central Business District
of New Orleans, Louisiana
, is a 31-story, 1,184-room hotel. It is -tall.
It is part of a complex of connected buildings, which includes the Louisiana Superdome
, 1250 Poydras Plaza
, Entergy Tower
, and the Benson Tower
Closure and Current Status
The structure received heavy damage during Hurricane Katrina
in August 2005 and has been shuttered ever since. The previous hotel owners, Chicago-based Strategic Hotels and Resorts Inc., along with other investors announced in early 2006 a plan to redevelop the area around the Superdome (including the adjacent hotel) into a performance art park called the "National Jazz Center." The plan, designed in concept by Pritzker Award-winning architect Thom Mayne
, was later abandoned.
Poydras Properties Hotel Holdings acquired the Hyatt from Strategic Hotels & Resorts Inc. for $32 million in 2007.
On February 20, 2009, the State Bond Commission approved $225 million in special low-cost bonds to help renovate the Hyatt Regency.
Hyatt issued a statement in August, 2010, announcing a redevelopment effort carrying a price tag of $275 million. The redesign of the 31-story building, just next door to the Louisiana Superdome, calls for of meeting and exhibition space, two restaurants, two bars, and a coffee bar. The hotel re-opens October 19, 2011.