By: Shonda Novak // September 10, 2009
In the first major hotel project to be announced for downtown Austin in nearly two years, developers plan a 17-story hotel that could mark the debut of a new global brand.
The hotel, proposed for the southwest corner of West Fifth and Colorado streets in the Warehouse District, would be a concept called 1 Hotel, by Starwood Capital Group. Starwood Capital has billed the concept as the first luxury eco-friendly global hotel brand.
Starwood has hired Woodbine Development Corp. to build the hotel, which would have about 250 to 275 rooms.
Woodbine, a seasoned hotel developer based in Dallas, developed the Hyatt Regency Lost Pines near Bastrop, as well as the Hyatt Regency Hill Country and the Westin La Cantera in San Antonio.
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