Albany welcomes first newly built hotel in nearly 20 years

Albany welcomes first newly built hotel in nearly 20 years

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A new hotel opened in downtown Albany on Tuesday morning.

The 110-room Hyatt Place Hotel is on Montgomery Street.

It’s the first hotel to be built from the ground up in downtown Albany, in nearly 20 years.

The site is a former brownfield, which Pioneer Companies spent nearly $40 million to redevelop.