Urban Catalyst and Island Hospitality Management have opened the Marriott TownePlace Suites in downtown San Jose, Calif.. The 119-room extended stay hotel is part of Moxy/AC by Marriott, a $170-million mixed-use development across from City Hall.
The five-story property includes a lobby, fitness center, breakfast room and rooftop deck with fire pits and BBQs. Room options range from studios to one-bedroom suites, all featuring kitchenettes with full-sized refrigerators, stovetops, dishwashers and microwaves.
The hotel was developed by Urban Catalyst, a real estate equity fund focused on Opportunity Zone projects in downtown San Jose. The project qualified for Opportunity Zone incentives which include deferred and reduced capital gains taxes. TownePlace Suites sits on a one-acre site at the corner of East Santa Clara and North Fourth streets.
Island Hospitality, which operates more than 80 hotels nationwide, will manage the property. The company specializes in select-service and extended-stay hotels under brands such as Marriott, Hilton and Hyatt.
“This hotel has been a long-standing goal for Marriott in Downtown San Jose, and we’re thrilled to make it a reality,” said Erik Hayden, founder and CEO of Urban Catalyst. “Partnering with Island Hospitality, we’ve delivered a project that fills a real need in the market and contributes to the ongoing transformation of the city’s urban core.”
The TownePlace Suites is the second component of the Moxy/AC by Marriott project. The first, a dual-branded Moxy and AC Hotel with 311 rooms, opened next door in January. Together, the two hotels offer more than 400 rooms providing options for business travelers, leisure guests and long-term stays.
The site is located near public transit including the VTA light rail and future BART extension and within walking distance of the SAP Center, San Pedro Square and San Jose State University. The property also includes street-level retail space and an underground parking garage.
The development aligns with San Jose’s Downtown Strategy 2040, a plan aimed at adding housing, jobs and transit-friendly infrastructure to the city’s core. Urban Catalyst has additional projects planned nearby including a senior living facility and mixed-use developments.
TownePlace Suites by Marriott is designed for guests staying five nights or more. The brand includes more than 500 properties across the U.S. and Canada.
“We are thrilled to celebrate the grand opening of TownePlace Suites San Jose, a truly remarkable addition to our portfolio. Over the past several months, it’s been a pleasure working closely with both Urban Catalyst and Marriott, whose collaboration and dedication have ensured a seamless and successful launch. We’re excited to manage this beautiful property in such a vibrant and prime location, and we look forward to welcoming guests to experience its comfort and convenience firsthand,” said Gregg Forde, president and COO of Island Hospitality.
“The TownePlace Suites is more than just a hotel—it’s a catalyst for more foot traffic, business travel and economic energy in downtown,” Hayden added.
