Van Zandt Hotel Breaks Ground in Austin
- Aug 25, 2013
Austin’s Rainey District has a new construction site at Red River and Davis Streets. Previously expected to break ground in June, Hotel Van Zandt is being developed by JMI Realty and will be operated by San Francisco’s Kimpton Hotels, a company specialized in chic boutique hotels. The completion date is set for 2015.
“Austin is not just the state capitol and location of the University of Texas, but also the heart of a booming live music scene and the epicenter of a thriving technology sector. It’s a perfect fit for our guest-centric, fun and slightly irreverent brand, and a city we’ve been eager to enter with the right opportunity for a while,” said Kimpton CEO Mike Depatie. “We are thrilled to be teaming up with JMI Realty again on this Austin property that will reflect both the city’s historic roots and its current, modern vibe.”
The development company has owned the land since 2006 but various factors, including recession, delayed the project which is now back on schedule. The boutique hotel will have 16 stories and 322 rooms and more than 12,000 square feet of space allocated to events and meetings, an individually conceived, chief-driven restaurant, lobby café, and an expansive pool deck and bar. The interior design work is in the care of renowned Mark Zeff.
Hotel Van Zandt is the seventh addition to Kimpton’s portfolio announced this year. The previous announcements were for properties in Savannah, San Antonio, Milwaukee, Palm Springs, Sedona, and Grand Cayman.