New Hyatt Place Hotel Coming to Portsmouth
![New Hyatt Place Hotel Coming to Portsmouth](https://thepulseofnh.com/wp-content/uploads/sites/43/2023/04/hotel.jpg)
A Maine and New Hampshire commercial real estate firm announced it has bought a property in Portsmouth’s rapidly growing North End and plans to build a five-story hotel there.
Baywood Hotels bought 165 Deer Street for $4.25 million from Foundry Place Hotel LLC, according to a press release from The Boulos Company issued Monday.
Baywood plans to construct a new Hyatt Place hotel on the property, featuring 117 rooms, a 51-space parking garage and a ground-level café.