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W Hotel sales center to open in Oct.
Austin Business Journal - 1:38 PM CDT Friday, August 24, 2007
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The W Austin Hotel & Residences is building a sales center at Block 21 in downtown Austin.
In addition to the W hotel, Block 21, located north of the new City Hall, will house cultural venues, retail and residential units.
Stratus Properties, the hotel's developer, says it plans to open the sales center Oct. 1.
That marketing and sales office will feature model homes and multimedia displays.
So far, Stratus says interest in the condominiums has surpassed expectations. About three-fourths of the 196 condo units have been reserved with a deposit.
Condos will be priced at between $350,000 to $1.4 million.
Plans call to begin construction on the hotel and condo project in October.