The Hyatt Place hotel at 310 Rainbow Boulevard in Niagara Falls is speeding towards an early 2018 opening. The $35 million project by Hamister Group, LLC broke ground in July 2016. The six-story, 128-room hotel will feature up to 6,600 sq.ft. of meeting and banquet space (including an outdoor patio) on the top floor and 7,000 sq.ft. of retail space along Old Falls Street.