Circuit of the Americas Hotel and Convention Center
Sector: Hotel • Location: Austin, Texas, United States
Source: The Real Deal
Houston-based Rida Development Corporation is proposing a nearly $1 billion project featuring a 1,000-room hotel and a 460,000-square-foot convention center adjacent to the Formula 1 track in Austin. The project aims to deepen the city's tourism economy and create about 900 permanent jobs and 3,800 construction positions. The Austin City Council is considering an economic development agreement wit
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Houston-based Rida Development Corporation is proposing a nearly $1 billion project featuring a 1,000-room hotel and a 460,000-square-foot convention center adjacent to the Formula 1 track in Austin. The project aims to deepen the city's tourism economy and create about 900 permanent jobs and 3,800 construction positions. The Austin City Council is considering an economic development agreement with a performance-based incentive structure that rebates a portion of hotel occupancy tax revenue over up to 30 years. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |