Historic and Design Review commissioners said the developer should keep revising the designs for for the $58 million hotel, though, before final approval.
Despite city staff’s recommendation to deny it, the Historic and Design Review Commission on Wednesday gave a green light to plans for a 10-story hotel across from Main Plaza downtown — but told developers to keep refining the design, which has drawn criticism. Austin-based Merritt Development Group and Atlanta-based Peachtree Group want to build and operate the 171-room hotel on an empty lot at 100 N. Main Ave.
Rooftop bar and lounge among the finishing touches on two downtown hotels set to open in October They suggested further developing the building’s facade along East Commerce Street, replacing street-level stone cladding with brick, and using window openings similar to those in the area, among other changes. David Merritt of Merritt Development Group told commissioners he wants to “find common ground” on the design.
San Antonio hospitality industry slows with ‘less group travel and softer leisure demand’ The hotel is expected to cost $58 million, Merritt has said, and Peachtree would own and operate it. It would be among multiple hotels in the works or undergoing renovations in the city’s central business district, where the average occupancy rate was 62.1% at the end of 2023, according to real estate analytics firm CoStar. That was higher than the occupancy rate of 61.5% across the metropolitan area.
Visits to San Antonio Missions historic sites fell again in 2023 Merritt has developed Hampton Inn and Canopy by Hilton hotels in downtown San Antonio and has opened or is constructing hotels in Austin, Chicago, St. Paul and Grand Prairie. It also is working on a Residence Inn hotel near Pearl with Phoenix Development Partners, and a W Hotel and office building at Broadway and Newell Avenue with GrayStreet Partners.
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