5th and Lavaca I could see being a budget conscious hotel, 250 keys, 350’. I wouldn’t expect much more out of that location, or even much in the way of ground floor street level interaction besides a bar in the lobby given the small footprint.
I also won’t hold my breath anything close to the rendering for 6th and West gets built. The new buyers will start with new and different designs which will themselves end up being value engineered and totally different from this gorgeous gorgeous proposal.
500 West Oakland is also for sale. That’s just outside of downtown on W. 5th. That could end up being a 4 or 5 story condo or apartment development with ground floor retail if redeveloped. They’re marketing it as either a potential redevelopment opportunity or owner-occupied space, so who knows.
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Houston: 2.4m (+3.9%) + MSA suburbs: 5.4m (+12%) + CSA exurbs: 200k (+5%)
Dallas: 1.3m (+2%) / FtW: 1.0m (+10%) + suburbs: 6.4m (9%) + exurbs: 566k (+9%)
San Antonio: 1.5m (+6%) + MSA suburbs: 1.2m (+10%) + CSA exurbs: 82k (+3%)
Austin: 994k (+3%) + MSA suburbs: 1.6m (+18%)
Texas (whole): 31.29m (+7%) / Texas (balance): 8.6m (+3%)
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