Grapevine: $120M turning Gaylord Texan’s key

Ryman Hospitality Properties Inc. — which operates as a lodging real estate investment trust — said the project at the Gaylord Texan Resort and Convention Center in Grapevine will add 300 guest rooms to the resort’s current 1,511 room count.

That would put it just below the 1,840 room count at The Sheraton Dallas Hotel downtown, the state’s largest hotel in terms of guest rooms.

It also will add 86,000 sf of carpeted meeting space, bringing the total meeting space to about 490,000 sf.

Construction is expected to begin in the fourth quarter of this year and be completed during 2Q 2018. 

The $120 million figure includes a $5 million expansion of the property’s resort pool complex, which is expected to be complete for the 2016 summer season.