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Hyatt sets its sights on Tijuana next year.


The Chicago-based Hyatt chain on Monday announced plans to open a 144-room hotel next year in Tijuana that would serve business and leisure travelers.

Hyatt Place Tijuana would be the corporation’s first hotel in Baja California.

“For us, it’s a sign of confidence that Tijuana’s economy is beginning to recover,” said Miguel Velasco Bustamante, Tijuana’s secretary of economic development.

Part of the city’s appeal for a growing number of domestic business travelers and conventioneers, he said, is the opportunity to cross the border and shop in San Diego.

Construction of the hotel, an estimated $14 million investment, is expected to begin next month, Bustamante said.

The hotel is planned on the site of the former Pepsi Cola warehouse on Boulevard Agua Caliente. The area is down the street from the Grand Hotel Tijuana and a Marriott hotel, and it’s near a popular row of restaurants on Avenida Sonora.

It also will be across the street from Paseo Chapultepec, an upscale shopping mall being planned by Tijuana-based SCA Inmobiliaria, S.A. de C.V., headed by developer Salomón Cohen. That project is scheduled to open next year as well.

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