Austin Four Seasons Hotel plans major renovations in 2014

The Four Seasons Hotel in Austin, Texas, will get a significant facelift in 2014, the Austin Business Journal reports, though the specific details have yet to be determined, according to the hotel's GM Rob Hagelberg. The 291-room hotel at 98 San Jacinto Blvd. was built in 1986.

“It’s still being determined and we’ll know more the third or fourth week of January,” Hagelberg said. “There’s a lot of work going on all the time here, but the scope of the work will be more than when the last major renovation was done in 2007.”

A pricetag for the renovation has not been disclosed, either.

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Designers, architects and general contractors are being determined “and that will drive our final numbers and costs,” Hagelberg said.

In late 2011, the owner, Lodging Capital Partners sold the hotel to a joint venture, which included itself and Prudential Real Estate Investors.

The hotel is reportedly valued at around $93.9 million.