Posted Oct 24, 2014, 3:34 AM
|
 |
Meh
|
|
Join Date: Jul 2001
Location: Austin,TX<-->Dripping Springs,TX<-->Birmingham, AL<-->Warm Springs,GA
Posts: 57,205
|
|
Well now!
http://www.mystatesman.com/news/busi....257263.735529
Quote:
Financing in hand, $370 million Austin Fairmont project now a go
Posted: 10:01 p.m. Thursday, Oct. 23, 2014
By Shonda Novak - American-Statesman Staff
The developer of a Fairmont convention hotel planned for downtown Austin has obtained financing for the project, clearing the way for the $370 million luxury hotel to break ground next month and add more than 1,000 rooms to the market.
Los Angeles-based Colony Capital LLC will finance the hotel, which will be built on a 1.74-acre site at East Cesar Chavez and Red River streets.
At 37 stories and rising 595 feet, the hotel would be one of the tallest buildings in Austin’s skyline when it opens. With 1,066 rooms, it would be the city’s largest hotel, surpassing the 34-story, 1,012-room JW Marriott convention center hotel that is currently under construction downtown and scheduled to open in February.
Groundbreaking for the Fairmont is scheduled for Nov. 3, with plans for it to open in June 2017.
|
__________________
My girlfriend has a poodle named Kevin.
|