The $377-million, 700-room Hyatt Regency Salt Lake City broke ground in early January. The hotel is located southeast of the Salt Palace Convention Center. The 25-floor property will offer 60,000 sq ft of indoor meeting space—including the 23,138-sq-ft Regency Ballroom and a 14,682-sq-ft junior ballroom—as well as 7,400 sq ft of outdoor event space. The hotel will have a restaurant on the first floor, a lobby bar and another restaurant and fitness center on the sixth floor, adjacent to an outdoor amenity area that includes a pool and terrace for events. The hotel, led by Atlanta-based developer Portman Holdings, will host its first guests in October 2022.