Being catty-corner from the Mohawk, steps aways from the music district on Red River, it makes sense that they would want to put something like a hotel in this particular lot, rather than something like condos. However, it just seems crazy to see even MORE hotels coming up when you have so many other hotel projects happening. I mean, the same company is building 2 hotels (300 rooms) literally right across 9th street at 805 Neches.
Admittedly, it’s going to be an improvement of what’s currently there:
Hyatt House has an existing Austin location in the Arboretum. Here’s what we know about what’s proposed for the downtown Hyatt House:
- 901 Neches Street
- .41 Acres of land
- ~17k sf of building
- 189 Rooms
- 139 parking spaces
- 10 stories
I’m a bit surprised by the amount of parking they are contemplating: 139 spaces, for 189 rooms. Since it’s an extended stay style of hotel, I suppose they see a demand for parking, and are investing accordingly. It’s just a bit strange because White Lodging, the owner of Hyatt, recently proposed Aloft on Congress Avenue – a larger hotel just four blocks away, without any parking!
The site plan for Hyatt House has been filed with the city, and a decision regarding the application will be made before 10/20/2014.
Looks like the current owner, Journeyman Austin Holdings, bought the land in April of this year.