A new luxury hotel with a lakeside view will welcome guests to North Texas.
Realty Capital Management has reached an agreement with Marriott International to build an Autograph Collection Hotel and Residences overlooking Grapevine Lake, reported Dallas Business Journal.
The 12-story hotel is part of Realty Capital Management’s 160-acre, $2 billion Lakeside Village development in Flower Mound.
The hotel will feature 181 rooms and 21 condos on the top three floors. Amenities will include a rooftop pool, a spa, a private yacht, a restaurant, and a bar.
“This hotel will be unlike any other hotel in Dallas-Fort Worth,” Jimmy Archie, managing director of Realty Capital, said in a statement, per DBJ. “Guests have the opportunity to stay at an in-town, luxury resort with beautiful lake views, walk to lakefront restaurants, take a morning stroll on the Lakeside Boardwalk, hike or bike on the 22-mile North Shore Trail, play 45 holes of golf at the Cowboys Golf Club and the Grapevine Golf Course, enjoy a concert in the amphitheater and attend a board meeting at the adjoining office building.”
The city has approved an incentive deal for the $230 million development that includes a hotel, a 155,000-square-foot office building, and a private social club. The hotel will be located at 3310 Sunset Blvd.
“Office tenants … will have the benefit of working in an office surrounded by nature,” said Archie, reported The Cross Timbers Gazette. “They can host a conference at the Marriott Autograph Collection Hotel and provide convenient lodging for their guests, walk to a lakefront restaurant for a business lunch, and enjoy the beautiful lake views from their office daily. It is all about the work lifestyle an office building like this provides.”
Coury Hospitality, the largest operator of Autograph Collection Hotels in the U.S., has been selected to manage the hotel.
“I am thrilled to be working alongside Realty Capital to bring our award-winning hospitality to this world-class development and the vibrant community of Flower Mound,” said Paul Coury, CEO of Coury Hospitality, per The Cross Timbers Gazette. “Combining luxury with unique local charm and driven by our team’s commitment to delivering exceptional moments through signature services and culinary excellence, the Autograph Collection Hotel at Grapevine Lake is set to become a premier destination for both travelers and residents alike.”
Construction is expected to begin in 2025, reported DBJ.