A couple fairly significant updates here per this article. There's been another name change and it is still confirmed to be a 9-story project (so a slightly taller rendering here, same one that they shared in January). No word on groundbreaking or anything yet however.
https://www.bizjournals.com/sanantonio/news/2025/06/10/oxbow-new-hotel-name.html
"A high-profile project in Pearl's orbit is pushing ahead with a new name. Oxbow Development Group, the development subsidiary of Pearl owner Silver Ventures, has dubbed its new hotel build "Perlen House," the company announced Tuesday. The firm recently took out a loan from Frost Bank for an undisclosed amount tied to the project, Bexar County filings show, but has not disclosed a timeline to construct the nine-story, 166-key structure across the river from Hotel Emma...Oxbow confirmed the move in a statement to the Business Journal and said further updates are forthcoming."