The Olympia Companies, an innovative privately-owned real estate company specializing in hotel investment, development and management, will develop and manage the new Hyatt Place Crocker Park in the Cleveland, Ohio suburb of Westlake.

Cleveland-based Stark Enterprises is the master developer and has announced its selection of The Olympia Companies to create a signature hotel that will complement the award-winning Crocker Park lifestyle development. Crocker Park features townhomes, apartments, retail, restaurants, leisure, and commercial office buildings. Hyatt Place Crocker Park is being developed in conjunction with the relocation of the international headquarters of American Greetings Creative Studios to the Crocker Park development.

"We chose The Olympia Companies because they are a standout leader in the hotel industry," said President and Chief Executive Office Robert Stark, of Stark Enterprises. "Their hotels are not just aesthetically superior but are also community assets that are famous for providing an exceptionally high level of guest experience and service. Our shared values make Olympia an ideal partner, and we have every confidence that Hyatt Place will be a successful addition to Crocker Park's already outstanding community."

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