[clubtokyo]

Originally Posted by The ATX

Genral, I xcopied your Block 87 thread post so we can continue this interesting discussion in this thread.

I don't know much about the bidding process for large construction projects, but I would be surprised if construction companies bid on large projects that weren't approved and did not have financing. We all know it can take years to get projects approved by the city and financed. So that makes me think any bidding taking place for a large hotel project would be for one that had an approved site plan in place. The bidders would be privy to financial info that we don't have. But we do know which hotel projects have approved site plans with no announced hotel operators. The top prospects that I can think of at the moment are:

416 Congress - This would make for an awesome Virgin Hotel
Waller Park Place - Ideally located by the CC and Rainey St.
Rainey St. Hotel - Former KimberModern proposal
5th & Brazos - Dual branded

3 year extension should be expiring soon right? 416 Congress may be the development to start?

https://www.virtualbx.com/constructi...ory-hotel.html