Construction Begins on Second Austin Westin Hotel
By Anca Gagiuc, Associate Editor
The Westin brand is coming to downtown Austin. White Lodging Services Corp. announced the groundbreaking of a second Westin hotel in a statement to the American-Statesman. The other Westin is an eight-floor, 241-room hotel located at the Domain. The new development is a joint venture between White Lodging, the Harry Whittington family and REI Real Estate Service LLC.
The downtown hotel will be located at the northeast corner of East Fifth Street and San Jacinto Boulevard. This is just one-and-a-half blocks from the city’s convention center and a short walk to the city’s restaurants and music venues. “Developing this hotel next to our historic 6th Street District is another major step in the city’s economic development efforts,” said Austin Mayor Lee Leffingwell. “I couldn’t be more pleased with the jobs and revenue White Lodging and Westin are bringing to Austin.”
The new hospitality asset will rise 17 stories with 366 rooms with a full-service restaurant, fitness center and 15,000 square feet of space dedicated to meetings and banquets. Its completion date is set for the spring of 2015.
Aside from meeting the growing demand for hotel rooms in the area, this Westin hotel is expected to boost the economy as it will add 140 permanent jobs and approximately $6.3 million in annual taxes. The cost for the project has not been made public.
White Lodging Services Corporation is headquartered in Merrillville, IN and was established in 1985. Its current portfolio consists of more than 172 hotels in 20 states, and the company works with leading brands such as Starwood Hotels & Resorts Worldwide Inc.
Photo courtesy of Starwood HotelsTags: Architecture/Design, Austin, Austin Lead Story, Commercial, Developers, Development, Finance/Investment, Hospitality, Investors, Latest Headlines, Local, National, Professional, Regional, REI Real Estate Service LLC, Starwood Hotels & Resorts, Westin, White Lodging Services Corporation