May 16, 2017
Holiday Inn Express is set to expand into Taylor, TX, a northeastern suburb of Austin. The project, led by Sadya Capital, LLC’s Nimesh Patel, will feature meeting spaces, 75 rooms, a pool and a fitness area.
“Taylor is an underserved market,” Patel told the Austin American-Statesman. “They don’t have any new hotels in town, and the most updated is probably about 30 to 40 years old.”
The four-story hotel, to be located near the Williamson County Exposition Center, will fetch more than $1 million in city incentives over the next decade. Construction will start by summer 2017, with the project scheduled to complete in mid-2018.
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