Economic Development Update: Hyatt Place coming to downtown Winston-Salem New Hyatt Place hotel featuring modular construction coming to downtown Winston-Salem Mayfair Partners plans to use a modular stacked method using cold-formed steel to construct a new Hyatt Place hotel (NYSE: H) on a lot adjacent to the Hotel Indigo it is developing in Winston-Salem’s historic Pepper Building, according to principal Simon Burgess. Burgess said that modular construction would reduce the construction time from 15 to seven months. He said the stability of modular design was as good or better than in traditionally built structures. To read Triad Business Journal’s full article, click here. Exciting news is being announced about new development projects happening in or around Winston-Salem/Forsyth County. Click here to access an archive of local news articles, for your reference, regarding these announced projects.