Poe Companies and White Lodging appear to be working towards a hotel deal in downtown Austin. The project, as currently envisioned, would be a Hyatt hotel with ~275 hotel rooms. DANA was approached for preliminary feedback by Armbrust and Brown, in preparation for consideration by City Council for increasing the entitled FAR from 8:1 to 12:1. No site plan, architectural drawings, or financing is confirmed.
The property is currently a surface level parking lot. Poe Companies is planning the 21c museum/hotel/condo concept at Cesar Chavez and Red River – which had been planned at 3rd and San Jacinto. Poe Companies controls the lot being considered for the Hyatt hotel, and the 1/2 block located across the street, known as the Whitely Paper building.
Google street view showing current state of the property (please wait for it to load)