by Sarah J.F. Braley | July 06, 2011

The Austin (Texas) City Council has approved a $4.3 million fee waiver package to encourage the construction of a 1,003-room Marriott Marquis on Congress Avenue, two blocks from the Austin Convention Center. The developer, White Lodging Services Corp., said construction will begin June 1, 2012, with a projected opening date in January 2015. Manchester Texas Financial Group also has announced plans to build a 1,035-room, $350 million hotel east of the convention center.