GEORGETOWN - The City of Georgetown has finalized development agreements for a $65 million, 220-room Sheraton hotel and 16,000-sf conference center at the Rivery near I-35 between SH 29 and Williams Dr.
Plans for Rivery — a 280-acre, multiuse development — include future phases with retail stores, restaurant sites, single-family homes, and multifamily residences. The entire project totals $150 million.
The Sheraton hotel project is slated to break ground this fall and be completed by the end of 2015.
Our twice-weekly e-newsletter provides a quick overview of Texas real estate markets. Because your time is valuable.