$52M Hybrid not a car: Austin two hotels under one roof$52M Hybrid not a car: Austin two hotels under one roofhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=38132014-06-24T15:23:00Z2014-06-24T06:30:00Z

AUSTIN - Hotel Indigo/Holiday Inn Express downtown is being built as a $52 million hybrid hotel at E. 9th St. and Neches St. The 283,241 sf-building will include a Hotel Indigo and Holiday Inn Express, which will have separate entrances.

The Hotel Indigo portion will have 133 rooms, while the Holiday Inn Express will contain 167.

The ten-story hotel, which will be operated jointly by Intercontinental Hotels Group, is expected to open late summer 2015. In addition to hotel rooms, the building will contain restaurant and bar space, office space and guest parking.

JCI Companies is the development arm of Austin-based Journeyman Construction. For more on JCI, see previous story Belterra Springs in to Dripping Springs with 152 units.

Austin Business Journal
Austin-Round Rock
http://www.bizjournals.com/austin/blog/real-estate/2014/06/jci-starts-downtown-austin-hotels-dripping-springs.htmlRead more at {Source}

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