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Developer Grabs N. Austin Spot for 230-Room Hilton

AUSTIN-San Antonio's Leddy/Nueces-Hill Hospitality has acquired a building site in the midst of three class A buildings, totaling 360,000 sf, in the 28-acre Braker Pointe. An early 2002 groundbreaking is being eyed for a 230-room Hilton Suites.

By Tim Green | Updated on September 17, 2001

AUSTIN-Braker Pointe, a 28-acre mixed-use development in the north Austin submarket, is getting a Hilton Suites as its hotel component. It joins three class A office buildings with a total of 360,000 sf at the site.

San Antonio-based Leddy/Nueces-Hill Hospitality LLC is developing the 230-room, full-service hotel at MoPac Expressway and Braker Lane. Leddy also will operate and manage the hotel. Dirt should fly in the first or second quarter of 2002 and open about 15 months later. Leddy also owns and manages the Club Hotel by Doubletree at Interstate 35 and Martin Luther King Boulevard on the northeast edge of Austin’s CBD.

Leddy bought the land for the hotel from CarrAmerica, which owns and manages the development’s 192,451-sf Building Three occupied by publisher Harcourt Brace Inc. Buildings one and two, 75,000 sf and 100,000 sf, are under construction in a development joint venture between McShane Corp. and Pacific Realty Trust.

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