Leaders at the Austin Convention Center have set their sights on building a new hotel or a multifamily residential project as part of the forthcoming reconstruction of the downtown site.
The timeline for the solicitation of developers was among the details shared during Tuesday’s City Council work session, with convention center representatives sharing their 40-year financial projections and other details of the public-private partnership.
In collaboration with consulting firm Hayat Brown, the convention center team plans to release a request for qualification in March. That process is expected to conclude at the July 18 Council meeting with the selection of a developer for a potential master agreement that would be completed by late 2024.
