Hyatt named Mountain Shore Properties Developer of the Year in recognition of its excellent construction quality, efficiency and hotel development in strategic locations. The Charleston, South Carolina-based developer has two South Carolina Hyatt properties in Sumter and Mt. Pleasant, with two more underway in Nashville, Tennessee and Tallahassee, Florida.
"Our focus is on urban centers, bonus points if they're near college towns, universities or hospitals," says Stephen Wendell, CEO of Mountain Shore Properties. "We go into urban cores and build really nice, customized and localized properties."
Mountain Shore Properties first began working with Hyatt in 2014, opening its first Hyatt Place in 2017. The company also has a Hampton Inn and Suites in Tallahassee, so Wendell says they are confident that they've gotten to know that market well and believe the future Hyatt House property will find similar success.
"It was humbling and shocking, to be honest, to win this award. Dating back to when my father first started the company in 1983, it was a time when Hilton and Marriott were the only names in town," Wendell says. "Our relationship with Hyatt has gotten stronger, and we've made a bet on them that their product will continue to grow, so for them to recognize us when there are tons of other really capable and great development companies for Hyatt, the notoriety is appreciated."
Wendell says Mountain Shore Properties has a couple other Hyatt projects in the works right now, and he hopes to announce their locations before the end of the year. The Tallahassee property will be located in the city's art district, so they had to figure out how to blend the exterior design into the surrounding community, he adds.
"We had to be very creative in designing the exterior, and we are very excited about accomplishing what many people in the Tallahassee area said wasn't possible," Wendell says.
To continue developing high quality properties, Wendell says Mountain Shore Properties is focusing on "location, location, location" more than ever before. "We want to get spots that are really great, central locations that we know will have high demand for decades," he says.