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Whiskey Tango Foxtrot
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Discussion Starter · #1 · (Edited)


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Previously:



Picture by Austin Bob. (tower redesigned)


From The Austin Development Thread: http://www.skyscrapercity.com/showthread.php?t=365759&page=20

San Diego developer plans 50-story hotel east of Austin Convention Center



ByShonda Novak
AMERICAN-STATESMAN STAFF

Updated: 11:26 p.m. Friday, June 24, 2011

Published: 10:36 p.m. Friday, June 24, 2011

A San Diego hotel developer plans to build a $350 million hotel with more than 50 stories and 1,035 rooms east of the Austin Convention Center. The hotel would be built on land now used for parking at the northeast corner of Red River and Cesar Chavez streets, near Waller Creek.

Manchester Texas Financial Group could find itself in competition with White Lodging Services Corp., which plans a 1,003-room Marriott Marquis hotel on Congress Avenue between Second and Third streets.

It's unclear whether Austin could support two more convention-size hotels, in addition to the 800-room Hilton Austin, so the developers could be in a race to see who can break ground first.

Manchester Texas would develop the hotel. Its parent, San Diego-based Manchester Financial Group, built the Manchester Grand Hyatt and the Marriott Hotel and Marina in San Diego, high-rise hotels on San Diego Bay.

The Austin project would include 115,000 square feet of meeting and exhibit space, along with two restaurants and retail space.

Douglas Manchester, founder and chairman of Manchester Financial Group, said Friday that the project has been going "at a pretty fast speed" and that he anticipates starting construction in the next 12 months. The project would take at least 18 to 24 months to build, he said. He said Manchester Financial can put the required equity into the project and attract the loans to complete it.
http://www.statesman.com/business/san-diego-developer-plans-50-story-hotel-east-1561221.html

Previous design:

 

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Whiskey Tango Foxtrot
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Discussion Starter · #4 ·
From JonathaninATX:

Austin's second convention hotel is a go, developer says

ByShonda Novak
AMERICAN-STATESMAN STAFF

Updated: 11:19 p.m. Thursday, July 21, 2011

The developer planning to build a $350 million convention hotel at Cesar Chavez and Red River streets downtown said his firm will build the project even if a competing downtown convention hotel planned by White Lodging Services Corp. also breaks ground.

The architect for Manchester Texas Financial Group's proposed 45- to 50-story hotel said the project has attracted serious interest from four potential operators: Hilton, Hyatt and Starwood , plus a fourth undisclosed operator.

"We're doing it," Douglas Manchester, founder and chairman of San Diego-based Manchester Financial Group, said after a city commission unanimously endorsed the 1,100-room hotel that his firm plans to build on land just east of the Convention Center along Waller Creek. "We're not here to paint."

Manchester executives said construction on the project could start in a year and take 25 to 30 months. It would have two hotels, with a single operator, under one roof — one of them a four-star hotel of about 30 stories, and above that a smaller, luxury hotel .

Manchester Financial, parent of Manchester Texas, is a leading developer of resort hotels, having transformed naval yards in San Diego into some of that city's premium hotels .

Manchester said company executives have "validated in our minds" that Austin can support two additional convention hotels, and he said industry research backs that up.

He acknowledged, however, that "returns for both hotels would be a little less."
http://www.statesman.com/business/r...nvention-hotel-is-a-go-developer-1634094.html
 

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Whiskey Tango Foxtrot
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Discussion Starter · #5 ·
Austin a go-go!

Downtown hotels a go.



Cody Lyon

Staff Writer - Austin Business Journal

Date: Friday, September 30, 2011, 5:00am CDT.

Developers are moving forward with plans for three major hotel projects that could transform downtown Austin’s skyline and increase the Central Business District’s hotel room stock by 30 percent — from 7,674 rooms to about 10,000.

Indiana-based White Lodging Services Corp. is on the verge of building two hotels downtown. The first will be a 17-story, 296-room, 252,000-square-foot Hyatt Place at Third and San Jacinto streets. The company is also building a 28-floor, 1,003-room, 1.2 million-square-foot Marriott hotel at Second Street and Congress Avenue.
http://www.bizjournals.com/austin/print-edition/2011/09/30/downtown-hotels-a-go.html
 

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Whiskey Tango Foxtrot
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Discussion Starter · #8 · (Edited)
New Render for this hotel now called the Grand Hotel at Waller Creek:


http://utorange.wordpress.com/2012/...otels-expected-to-accommodate-out-of-towners/


The Grand Hotel at Waller Creek is also set to open in 2015. The 1,035-room hotel will connect via a sky bridge to the Austin Convention Center. Designed by Gensler Austin, the hotel will be the city’s tallest building.
Completion is expected for 2015. If indeed this hotel will be Austin's tallest building, it will be over 700 ft...
 

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OMG Austin is going Crazy! I dearly hope this gets built.
San Antonio has a terrible skyline so i hope Austin can inspire some construction.
San Antonio is comfortable with keeping the "old" look with more human scale buildings than skyscrapers.

I wouldn't say it's a terrible skyline. Just lackluster.
 

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Whiskey Tango Foxtrot
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Discussion Starter · #12 ·
Luxury brand Fairmont to operate 2nd downtown convention hotel



Luxury management company Fairmont Hotels & Resorts will be the operator for a $350 million convention hotel planned for downtown, making Austin only the second Texas city to feature the famed brand, the company told the American-Statesman on Tuesday.

Fairmont said it will manage the 50-story, 1,000-room hotel for which Manchester Texas Financial Group plans to break ground early next spring, with a projected opening in 2015. Manchester will build its hotel — to be named the Fairmont Austin — on land that is now a parking lot at East Cesar Chavez and Red River streets just east of the Austin Convention Center.

At 580 feet*, the hotel would be the second-tallest building in Austin's skyline, after the 56-story Austonian.

The Austin Fairmont is expected to create 800 jobs during construction and about 1,000 permanent jobs after it opens, said Doug Manchester, president of Manchester Texas.

In addition, it is projected to generate about $6 million a year in hotel occupancy taxes and $4 million in annual property taxes, most of which will go to a special financing district that will help pay for improvements to nearby Waller Creek.

Jennifer Fox, president of Fairmont Hotels & Resorts, said the company is "excited to bring our broad range of experience in the meetings arena to this project."

"Austin is currently seeing tremendous interest and growth in the convention market and with its reputation as a dynamic, vibrant capital city will be a great addition to our portfolio."
*Not including spire
 

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Gah, the first render was beautiful and then I scrolled down to find the typical redesign to a much uglier building. Either way, I'm sure it will help Austin's skyline. The problem with Austin's skyline is that taken as a whole it is quite beautiful but each individual tower is nothing but an eyesore imo. This will continue the trend of making the skyline look dense (which is good) but adding another weirdly shaped, and patently boring building in the mix. The first render was much better in my opinion.
 
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Whiskey Tango Foxtrot
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Discussion Starter · #16 ·
Fairmont To Break Ground This October



When the proposed Austin Fairmont mega hotel project swooped in to the news a couple years ago, snatching the spotlight from the JW Marriot mega hotel, there was a healthy dose of skepticism about it would get off the ground.

A lack of visible activity on the site has been quietly stoking perceptions that the Fairmont will end up anything more than pretty drawings. The site filed a site plan in October 2012, which is still in review, but site plans are never guarantees of construction.

There had also been some chatter that a proposed sky bridge over Waller Creek, connecting the hotel to the convention center, had caused a project-stalling rift between the developer and the Waller Creek Conservancy.

But fret not!

Apparently, Doug Manchester, president of Manchester Texas Financial Group, which is developing the project, told the February monthly meeting of the Urban Land Institute’s Austin chapter, the project will break ground this October, with a 2016 opening date.

(The ABJ reported that Manchester wants to also champion a “major push” to develop the Austin Convention Center into a more competitive convention space to take on the like of San Diego, but that's another story for another day.)

That the president of Manchester talking a big-picture, long-term view and ensuring a room full of people the project will break ground this year is about as much proof as you need to know this is a real project.

[...]
 

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Whiskey Tango Foxtrot
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Discussion Starter · #19 ·
Drainage issues may impact Fairmont Hotel timeline



May 3, 2013, 7:19am CDT

The developer of the proposed Fairmont Austin Hotel at 101 Red River St. faces an unusual situation.

Manchester Texas Financial Group LLC needs the Austin City Council to approve floodplain variances before it can ramp up construction on the site. However, if those variances are approved, the potential outcome could result in adverse flooding impacts to other properties. That couldn’t be good, right? Well, the situation is complicated because of where it’s located.

The proposed 50-story, 1,000-room hotel is situated in the area that is undergoing a dramatic change due to the construction of the Waller Creek tunnel. The Waller Creek tunnel, a huge underground drainage channel, will take 28 acres of land out of the floodplain and make it ripe for development. It will change the drainage dynamics of projects like the Fairmont.

So, here’s the crux of the situation: If the tunnel was complete — it won’t be finished until late 2014 — there would be no need for the variances. The current site plan would be in compliance with floorplain regulations. But right now, the situation is different and those variances for the short term have some potential unpleasant outcomes, such as flooding of surrounding properties if a huge rain occurs prior to the tunnel’s completion.

The City Council first must set a public hearing on the issue. The suggested date and time for that is 4 p.m. on May 23. Council will vote on the time for the public hearing at its May 9 meeting.

[...]
 

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Status is approved, as construction is scheduled to start later this year.
 
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