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New Austin-centric boutique hotel on track for 2022 opening

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Irrespective of the effectively-publicized bankruptcy filing of the common contractor, the developer of the Hyatt Centric Austin boutique resort vows the home will open up as scheduled future yr.

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Development startup Katerra, whose North American headquarters is in Houston, filed for Chapter 11 bankruptcy security June 6 — 5 days just after news experiences indicated the corporation was shutting down most of its U.S. functions.

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Katerra, typical contractor for the Hyatt Centric Austin, not too long ago notified important stakeholders that it is “demobilizing” several of its U.S. tasks. But the enterprise did not say whether or not the downtown Hyatt house was 1 of these projects.

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However, McWhinney, the Denver-centered developer of the Hyatt Centric Austin, claims it “remains committed” to opening the Congress Avenue lodge in early 2022.

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“The construction group remains in area, together with our trade companions, and collectively we are committed and actively engaged to continue to keep the task on agenda, and we do not count on any substantial hold off,” Don Larsen, govt vice president of design administration and task shipping at McWhinney, states in a assertion furnished to CultureMap.

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Design on Austin’s 1st Hyatt Centric resort began in November 2019. The 31-tale, 246-room house is being created at Congress Avenue and Eighth Street by McWhinney, in tandem with Hyatt Resorts and Nelsen Companions. 

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Functions of the lodge contain:

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    4,450 sq. toes of ground-floor cafe and amusement place.
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    2nd-floor bar.
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    Eighth-ground out of doors lounge and bar.
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    3,000 square ft of meeting room.
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    1,400-sq.-foot presidential suite.
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    “Austin boho chic” inside layout.
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    Assortment of curated artwork from local artists.
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    No parking garage.