A Houston developer is planning to build a pair of hotels in a growing community near the Texas capital.
Ultra Hospitality filed plans to build two hotels on a little more than six acres on the edge of Manor, less than 10 miles from the Samsung Austin Semiconductor’s chip-making factory and Tesla’s East Austin Gigafactory, the Austin Business Journal reported.
Plans call for a four-story, 57,600-square-foot Hampton Inn & Suites with 100 rooms that will cost about $11.5 million to complete. An adjacent 57,400-square-foot Towneplace Suites with 96 rooms across four floors will cost about $12 million, or $125,000 per room. Work is set to begin on the Hampton this June and wrap up in July 2024, while the Towneplace Suites will break ground in July and finish by next August.
Formerly a cattle pasture, the land was last appraised for tax purposes at $475,446.
There isn’t an official address for the project site yet, but it’s located northwest of Gregg Manor Road and Genome Drive.
The developer chose Manor because it’s a “big artery” between Austin and Houston.
“Manor’s destined for growth because it’s centered right between Tesla and the Samsung chip factory,” Ultra owner and president Kishan Bechar told the outlet.
Bechar said Ultra will act as the general contractor for the projects and stay on to manage the hotels once they are complete.
“We see potential once hospitality comes in, once restaurants come in,” he told the outlet. “Everything else follows through. So we’re hoping that’s the case in this scenario, especially with getting in right at the beginning of the city of Manor’s growth.”
The hotels will be designed by Cypress, Texas-based Parekh Architect, which has designed hotels in Houston, Northwest Oklahoma and Little Rock, Arkansas, according to its website.
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