If you’ve been around downtown Austin since 2006, you’ve been hearing about the Hotel Van Zandt. It was a sister development to the Shore Condos, sharing the northern end of the site. Hotel Van Zandt was initially planned to be a $100 million, 29-story hotel and condo tower. The scope has been reduced to 16 stories and will include just the hotel component.
“Greg Clay, chief investment officer for JMI Realty, which is developing the Hotel Van Zandt, said his company has applied for building permits and expects to break ground by June on the 16-story, 327-room hotel. It which will be operated by Kimpton Hotels, a San Francisco company, which specializes in chic boutique hotels.
Though JMI has owned the site at Red River and Davis streets since 2006, the project had been stalled by the recession and other factors, but now it’s back on track.” – Austin Business Journal
I’m eager to see this hotel built. We’ve heard this story before, though I’ve heard enough scuttlebutt this time to be optimistic we really will see dirt start turning.
[above rendering by WDG Architecture]