Peachtree Group Begins Construction on 480-Room Dual-Branded Hilton Hotel in Downtown Austin, Opening in 2029
🏠 Peachtree Group and Merritt Development Group have initiated a 480-room dual-branded hotel construction in downtown Austin, Texas, at Fifth and Lavaca streets, expected to open in early 2029. The 30-story project features Embassy Suites and Tempo by Hilton, with amenities like a rooftop bar and fitness center. Austin's five-county region, housing 2.6 million people, could grow to 3.23 million by 2035. Key developments nearby include a $1.6 billion Austin Convention Center expansion.
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