Thursday, August 18, 2016

Hotel Construction Boom in Downtown Austin



There’s a hotel boom happening in downtown Austin.  The latest entry is Hotel Zaza which announced it will finally begin construction on its long anticipated hotel.

Hotel Zaza announced they would be building a new hotel in 2012, but due to numerous delays, construction is just beginning, the Austin American Statesman reports.

The hotel, to be built at West 4th and Guadalupe streets, will be 24 stories and have 160 hotel rooms and 200 apartments.  It will be built on the site of the former Ginger Man Bar and will incorporate some bricks from that iconic building.  

Originally, the project was supposed to break ground in 2014 and be completed in 2016.  The new completion date is near the end of 2018.  The opening date is the only change in the project.

The project will have several restaurants, two pools, meeting space and a spa, according to an Austin American Statesman article from when the project was first announced.  Hotel Zaza already has very popular locations in Dallas and Houston and the company spent years searching for the perfect location in Austin.

Hotel Zaza prides itself on customizing its hotels to the local market, always with an eye towards luxury.  Its newest location in the Warehouse District will be great for both the area and nearby Republic Square park.  There’s also a lot of nearby office space, including Google, which is good for both the hotel and the apartment sides of the building.

Another hotel currently under construction is the Fairmont Austin, being built at 101 Red River Street across from the Convention Center.  The $350 million dollar project will have 1,068 rooms and 37 stories, the Austin Business Journal reports.    

The Fairmont will create 700 construction jobs and 900 jobs at the hotel once it is completed.  It will have five restaurants including a steak house, a charcuterie, Southern Italian, Asian, and American cuisine.  There will also be a bar in the lobby with a view of Palm Park, a Rooftop Terrace Club on the 7th floor, 106,000 square feet of meeting space, and a walkway from the hotel directly to the Austin Convention Center.  In addition, Austin institution Speakeasy will take up residence in the hotel.

The Waterloo Tower Hotel is another project planned for the downtown area, the Austin Towers Blog reports. This 260 room hotel is planned for the corner of 12th and Red River Streets, on the site of the current Brick Oven Pizza restaurant.  

The hotel will be in the middle of the Innovation District, which is what planners are calling the area around the new Dell Seton Medical Center, scheduled to open next year.  The project doesn’t have a lot of details, but it will be 22 stories and have a 3,700 square foot restaurant.  Despite its proximity to the State Capitol, the .436 acre lot is safely, but narrowly, out of the Capitol View Corridors map.

Austin Proper Hotel and Residences begins construction this year as part of the Greenwater redevelopment in the Seaholm District. This 32 story high-rise will have 245 hotel rooms and 99 luxury condos and penthouses for sale.  

Scheduled to open near the end of next year, amenities will include two swimming pools on the roof, a wellness center and spa, and several restaurants.  The restaurants will be operated by the same group that manages Austin favorites Lambert’s, Perla’s, Elizabeth Street, Clark’s Oyster Bar, the Josephine House, and Jeffrey’s Restaurant and Bar.  Proper already has locations in Hollywood, Los Angeles, and San Francisco.

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