planned luxury hotel construction in austin, texas

[2023] Planned Luxury Hotel Construction in Austin, Texas

Over $1.2 billion is in the pipeline for planned luxury hotel construction in Austin, Texas, per HotelMarketData by BuildCentral.

Check out HotelMarketData‘s Top Hotel Developers, Architects, and Contractors.

HotelMarketData is currently tracking more than $19.8 billion in planned luxury hotel construction nationwide.

HotelMarketData is currently tracking more than $19.8 billion in planned luxury hotel construction nationwide.

Top Projects: Planned Luxury Hotel Construction in Austin, Texas

The planned and current Austin-based luxury hotel projects listed below are sorted by estimated project value. The list includes projects of varying stages, construction types, square footage, and value. All project data is courtesy of HotelMarketData.

Four Seasons Austin Renovation

Construction Type: Renovation Chain: Four Seasons
Estimated Value: $1 million Franchise: Four Seasons
Rooms: 294 Scale: Luxury
Location: AustinTX 78701. 98 San Jacinto
Details: Plans call for this renovation included the interior demolition and conversion of 32 standard guest-rooms to 10 suites from levels two to nine.
Stage: Groundbreaking
Construction Start: 6/2023
Construction End: 9/2023

READ: What to look for in hotel FF&E leads?

CitizenM Hotel

Rendering of the CitizenM Hotel project in Austin. (Credit: CitizenM)

Construction Type: New Chain: CitizenM Hotels
Estimated Value: $24 million Franchise: CitizenM Hotels
Rooms: 344 Scale: Luxury
Location: AustinTX 78701. 617 Colorado St
Ancillary Facilities: Food Service, Pool, Gym
Details: Plans call for construction of a 132,655-square-foot, 17-story hotel with 344 rooms, a fitness center, rooftop pool and bar, a restaurant, lounge, and outdoor terrace on the second floor.
Stage: Construction
Construction Start: Q3/2021
Construction End: Q3/2023

READ: How to get construction leads

Black’s Vineyard

Black's Vineyard rendering

A rendering of Black’s Vineyard, courtesy Austin Business Journal.

READ: Find value in planned independent hotel projects

Construction Type: New Chain: Independent – Luxury
Estimated Value: $20 million Franchise: Independent
Rooms: 50-100 Scale: Luxury
Location: AustinTX 78737. 130 W Corcord Circle
Ancillary Facilities: Food Service
Details: Plans call for the construction of a 74,100-square-foot boutique hotel with restaurant, wine tasting room, vineyard, two event spaces, interconnecting courtyards, a wine bottling facility and all administrative facilities to support these functions.
Stage: Planning

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