York County Economic Development Authority Meeting Minutes March 2026
Hyatt Select Renovation Grant Considered for Bypass Road Hotel
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Description
Capital Williamsburg, LLC (DBA Hyatt Select) requested a $400,000 Economic Development Incentive Grant from the EDA to renovate the LaQuinta Inn on Bypass Road into a Hyatt Select hotel. The committee recommended a reduced $200,000 award, tied to project completion and one year of branded operation.
Contract Details
Contract Amount
$400,000
Vendor
CAPITAL WILLIAMSBURG LLC DBA HYATT SELECT
Agency
York County, VA
Contract Type
OTHER
Document Date
March 24, 2026
Contract Term
50% payable upon submission of Certificate of Occupancy and hotel being open and operating under the Hyatt Select brand; remaining 50% after twelve months of hotel being open and operating under the Hyatt Select brand
Renewal Info
One-time incentive grant structure with milestone-based payments; no renewal or extension terms discussed.
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