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HOTELS IN DEVELOPMENT

Downtown Austin Dual Brand, Embassy Suite - Tempo

Downtown Austin, TX

 

MDG is developing a $190MM dual branded Embassy Suites/Tempo Hotel at 5th and Lavaca Streets in Downtown Austin. Plans include a combined 450 room hotel with 7,700 sqft of flexible meeting space in a 28 story building. A prominent national steakhouse operator will assume 11,000 sqft of 1st and 2nd floor space while a smaller 4,000 sqft retail operator will lease the balance of the space.

 

  • $190MM

  • In Entitlement Phase

  • Under Construction 4Q 2023

  • 454 rooms

    • 268 Embassy Suites

    • 186 Tempo rooms

  • Owner - Peachtree Hotel Group

  • Operator - Peachtree Hotel Group

  • Architect - DLR Group

Margaritaville on The River Walk

San Antonio, TX

 

MDG is the lead developer of this 14-story hotel project with GreyStreet Partners and is located at the corner of East Commerce Street and Soledad Street in Downtown San Antonio along the River Walk.

 

  • $170MM

  • Under construction Q2 of 2023

  • 325 rooms, 6,500 sqft of flex space with three Margaritaville-themed restaurants

  • Owner – Greystreet Partners

  • Operator – Benchmark Hospitality

  • Architect – BGKT Architecture

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Architectural Renderings of Margaritaville

[ Click any rendering to open gallery ]

Uptown Dallas Dual-Branded Hotel

Uptown (Dallas), TX

 

260 dual-branded Moxy and AC hotel project in the entitlement phase.

Architectural Renderings of the Dual-Branded Hotel
[ Click any rendering to open gallery ]

San Antonio Luxury Lifestyle Hotel

San Antonio, TX

 

MDG is partnering with GreyStreet Partners in the development of a vertical mixed use project at the entrance of the Pearl District in Downtown San Antonio. Current plans include 195 room hotel with 8,500 square feet of flexible meeting space and a 325 parking space garage.

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Architectural Renderings of the Luxury Lifestyle Hotel
[ Click any rendering to open gallery ]

Velocity Crossing Dual Brand AC/Element Hotel

Velocity Crossing, Southeast (Austin), TX

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MDG, in Partnership with Phoneix Development Partners, are lead developers of this 75MM project adjacent to the new Tesla "Giga-Factory."

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  • $75MM

  • In Conceptual Design Phase

  • Owner(s) – Phoneix Development Partners and MDG

  • Operator – Concord Hospitality

  • Architect – DLR Group

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Architectural Renderings of Velocity Crossing Tempo Hotel

[ Click any rendering to open gallery ]

Residence Inn Hotel At The Pearl

The Pearl (San Antonio), TX

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  • $34MM 140 room Residence Inn by Marriott at the Pearl in Downtown San Antonio.

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Architectural Site Layout of Residence Inn Hotel At The Pearl

[ Click any rendering to open gallery ]

Residence Inn

Downtown San Antonio, TX

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MDG is developing the Residence Inn for GreyStreet Partners on a 19,000 sqft development site owned by GreyStreet along Houston Street and Jefferson Street in Downtown San Antonio one block from the River Walk.  Plans include a 161 room hotel on 8 floors.

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  • $37MM

  • In design

  • 161 rooms

  • Owner - GreyStreet Advisors

  • Operator - Marriott International

  • Architect - TBD

Architectural Site Layout of Residence Inn Downtown San Antonio Hotel 

[ Click any rendering to open gallery ]

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