New Era Hotels & Resorts and Sunset Legacy LP will break ground on the project in mid-2016. It will be in the Lakeside DFW development on FM 2499.
The 12-story hotel will include a 32,000-sf conference center.
DePalma Hotels & Resorts will manage the property, scheduled to open in late 2017.
Merriman Associates Architects designed the hotel. Balfour Beatty is the builder.
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