TPG, Local Developer Break Ground on Hyatt House in Atlanta

ATLANTA—TPG Hospitality, the management and development affiliate of The Procaccianti Group, along with local developer Chip Patterson, have broken ground on a 150-room Hyatt House here.

The joint venture, 380 Luckie, LLC is constructing the hotel in Atlanta’s Downtown entertainment district. Chip Patterson will serve as the local developer and construction manager. Meanwhile, TPG Hospitality is consulting throughout the construction and development phase and will manage the hotel, which is expected to open in roughly 16 months.