Wow, when you think about it the W Hotel and Residencies is more residencies than hotel. Why didn't they add more rooms for the hotel portion especially since there is demand for hotel rooms in downtown?
The project includes a 250-room W Hotel® and 200 residential condominiums.
I guess its the floor plate difference between how high they build the hotel floors and how high they build the condo floors. It just seems so small in comparison to the Condo section of the building.
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"GOOD TIMES!!!" Jerri Blank (Strangers With Candy)
So the big news with this building is the financing will run dry at the end of november unless they get a new lender. Will they get one in time? Anyone heard any news?
This building is looking beautiful i love how its going to help shape 3rd street with the amli creating a nice alley.
I sure hope they get the necessary financing before they have to stop construction. If they have as many contacts for the condominiums (over half with non-refundable deposits) as they have said, and considering the hotel portion and Austin City Limits venues are sure to be successful, and they still can't get financing then our lending climate is worse than I imagined.