SECO Development on Tuesday announced a partnership with the Hyatt Regency for its hotel project located on Lake Washington in Renton. The Hyatt Regency Lake Washington at Seattle’s Southport is currently under construction and is scheduled to open in 2017

“We are proud to announce that we are bringing the Hyatt Regency brand to Southport. Hyatt Regency Lake Washington at Seattle’s Southport is a hotel experience being designed to cultivate connections and offer memorable dining experiences, stimulating recreational facilities, and inspirational meeting services,” Michael Christ, CEO, SECO Development Inc., said in a press release. “We are delighted to be working with Hyatt and contributing to the economic vitality of the area with this new hotel.”

When completed, the new hotel will include 12 stories, 347 rooms, 43,000-square-feet of conference space and panoramic views of Downtown Seattle, the Olympic Mountains, Mt. Rainer and Lake Washington. The Hyatt Regency Lake Washington at Seattle’s Southport is estimated to bring 2,310 jobs to the city of Renton.

“The City of Renton strongly supports the development of a waterfront hotel. Once constructed, this Hyatt Regency hotel will serve as a critical catalyst for the emerging South Lake Washington neighborhood. This new development will have a positive impact on our region’s employment base as well as demand for business services, tourism, and convention business,” said City of Renton Mayor Denis Law.

The hotel will be the first four star lodging option within a 10-mile radius of SeaTac International Airport.

“We believe that the globally recognized Hyatt Regency brand will resonate with the growing base of business and leisure travelers to the City of Renton, and we look forward to giving them an outstanding new lodging option in the area” said David Tarr, senior vice president, real estate and development for Hyatt.