Last Thursday, the City Council voted 5-1 to approve the proposed ground-up construction of a new Virgin Hotel at the corner of Baronne and Lafayette Streets. The development had previously been denied by the City Planning Commission because the developers were seeking to build a tower taller than what zoning allowed.
The hotel would have 183 keys and be built on a $55 million budget. Developers on the project are Dallas-based Gatehouse Capital and local partner David Garcia of DAG Development. The Gatehouse/DAG team was previously the 2013 finalist for the World Trade Center redevelopment.
The development also includes a ground floor restaurant, a 2,500-square-foot ballroom, a few thousands feet of meeting space., and a rooftop pool and fitness center.
Los Angeles-based RTKL Associates and architects Mathes Brierre are the architects and designers.
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