Posted Apr 20, 2026, 2:04 PM
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I am so smart, S-M-R-T!
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Join Date: Jul 2002
Location: Moved south to Austin, TX
Posts: 671
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New 1,000 room COTA Hotel & Conference Center?
https://www.bizjournals.com/austin/news/2026/04/19/hotel-cota-development-incentives.html
Incentives on table for massive hotel planned near COTA
The project would also include a new convention center with 170,000 square feet of rentable space
From the article:
Quote:
The city of Austin could provide economic incentives to boost an effort to build a massive hotel and convention center near Circuit of The Americas.
Houston-based RIDA Development Corp. plans to develop a 1,000-room hotel and 460,000-square-foot convention center, with 170,000 square feet of rentable space, next to COTA. The Austin City Council could vote at its April 23 meeting to approve an economic development agreement for the project.
According to a slideshow from Austin Economic Development, the planned capital investment for the hotel and convention center is $985 million. The project is expected to generate 900 full-time jobs and 3,800 temporary construction jobs.
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