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York County Economic Development Authority Meeting Minutes March 2026

EDA Approves $200,000 Hyatt Select Hotel Grant Agreement

$200,000York CountyCAPITAL WILLIAMSBURG LLC DBA HYATT SELECTMarch 24, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The York County Economic Development Authority approved a $200,000 Economic Development Incentive Grant Agreement with Capital Williamsburg, LLC (DBA Hyatt Select) to renovate the LaQuinta Inn on Bypass Road into a Hyatt Select hotel. Funds will be released in two installments tied to certificate of occupancy and one year of brand-compliant operation.

Contract Details

Contract Amount

$200,000

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 agreement with two milestone payments; no renewal options specified.

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