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Austin Hotel and Residences Receive Approval for $193M Construction Loan

Austin Hotel and Residences Receive Approval for $193M Construction Loan

Construction has officially begun at Sixth&Blanco, a mixed-use development in Austin that will feature both a hotel and luxury condos. The project is being led by Riverside and MML, with financing provided by Arvest Bank, Prosperity Bank, and Southside Bank in the form of a $193 million construction loan.

Designed by renowned Swiss architectural firm Herzog & de Meuron along with Page Architects, Sixth&Blanco will offer ten exclusive private residences as well as a 57-key luxury hotel operated by MML. Both residents and hotel guests will have access to modern amenities such as a private members social club & bathhouse, high-end retail shops, art galleries,and restaurants. These luxurious homes average over 4

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