by Sarah J.F. Braley | October 29, 2014
Manchester Texas Financial Group, the developer of the 1,060-room Fairmont Austin Hotel in Texas, has secured financing from Colony Capital LLC for the $370 million project, on which ground should be broken next month. The property will open in 2017 with 106,000 square feet of meeting space. The building will connect directly to the Austin Convention Center via aerial walkway.