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.
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.