Construction has begun for the much-anticipated boutique hotel planned for the Near Southside.
Ground broke Tuesday, and the project (which is yet to be named) is expected to be complete in late 2019. Located at Magnolia Avenue and Henderson Street, on land owned by Mike Dolabi, the 167,213-square-foot hotel will stand at six stories with 138 rooms, including a three-room penthouse suite; 17 extended-stay rooms; and 15 condominiums. The hotel will also feature a rooftop lounge and ground-floor restaurant and bar. A community park and 409-space parking garage, of which 150 spaces will be for the public, are also part of the development.
Interior rendering of the hotel. Rendering by JonesBaker/Roundtable.
Fort Worth firm Bennett Benner Partners is the architect; principal and CEO Michael Bennett describes the building’s design as “contextual and contemporary,” and art by local artisans will be incorporated into the project. According to Bennett Benner Partners, the hotel will create 160 full-time jobs and have an annual economic impact of about $25 million, as well as generate an estimated $1 million in hotel occupancy taxes.
San Diego-based developer Bond Partners will manage the hotel. The company is responsible for managing the 21C Musuem Hotel in Louisville and Eden Roc in Miami Beach, among others.
Blue glazed tile bricks will characterize the hotel courtyard, which will be open to the public. Rendering by Bennett Benner Partners.
Meanwhile, what used to stand in that space — the Magnolia Micro-Park — has moved to the SoMa development at 125 South Main St.