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Taking a Look at Public Improvement Districts in Austin, Texas
Cities like Austin have been trailblazers in expanding the scope and usefulness of Public Improvement Districts (PIDs) and other special districts.
This proposed hotel could become largest yet in trendy part of East Austin
Despite the Covid-19 pandemic, two Florida-based developers plan to build a mid-rise hotel in East Austin, among the neighborhood’s largest.
More hotel developers are betting on Austin’s hospitality sector recovering rapidly from the Covid-19 pandemic.
Tampa-based F10 Hotels and Sarasota, Florida-based Floridays Development Co. plan to build an approximately 280-room hotel on a 2.21-acre site at the southwest corner of East Fifth and Robert T. Martinez Jr. streets in East Austin, according to F10 Hotels and a site plan application for the project filed with the city of Austin Development Services Department. The five-story hotel will be about 164,372 square feet.
Winter Park, Florida-based architecture firm Fugleberg Koch is designing the hotel. Blacksmith Collaborative is the landscape architect, and WGI Inc. is the civil engineer.
Read the full article from the Austin Business Journal
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