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New 16-story downtown condo/hotel project to appeal to empty nesters, visiting professors

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The new developer of a 16-story hotel in downtown Berkeley plans to build up to 35 condominiums and include kitchens in every room so people can stay for extended periods of time. The Pyramid Hotel Group has extensive experience constructing hotels near universities, according to the company’s founder and CEO, Richard M. Kelleher, who was in Berkeley this week to discuss the project with city officials and community activists. Many people who visit university towns are academics or family members who want to stay in the area for a long time, he said. The new hotel will cater to them, although there will also be guests who stay for short periods of time, he said. The hotel will be built with union labor and staffed with union employees — part of Pyramid Hotel Group’s commitment to be a good community member, said Kelleher. “We think we are good neighbors and socially responsible citizens,” said Kelleher, who founded the company in 1999 after serving as the CEO of Doubletree Hotels Corporation and Promus Hotel Corporation,which managed the Embassy Suites, Red Lion Hotels, Hampton Inn, and Hampton Inn and Suites brands, among others. “We like the site because we think it’s one of the […]

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