Construction has wrapped up on a new seven-story parking garage at the Hyatt Regency Austin, creating almost 800 new parking spaces.
The hotel, at 208 Barton Springs Road, began work on the garage earlier this year, as well as a new ballroom expected to be completed by June 2014.
A soon-to-be-built skyway will connect the ballroom and garage to the 17-story hotel tower located on the shores of Lady Bird Lake.
The project’s total estimated cost, according to documents filed with the city of Austin and obtained by the American-Statesman, is $11 million. Hyatt management, however, has not confirmed that price tag.
Austin-based DCA Construction – the same company that handled a major remodel of the Hyatt Regency that wrapped up in 2009 – is building the garage, ballroom and skyway. That project, which encompassed makeovers for about 450 guest rooms, as well as upgrades to the lobby, fitness center and restaurant, cost $17 million, according to DCA.
“The Hyatt is undergoing major facility expansion to keep up with the burgeoning growth of downtown Austin, along with festival and convention traffic,” general manager Lance Stumpf said. “We are pleased to offer our guests convenient covered parking.”
Self-parking rates for the new parking garage typically start at $6 for the first four hours, with overnight parking available at a cost of $19. Valet parking prices will generally range from $8 to $25, the hotel said.
The garage is managed by locally based Town Park.
The Hyatt Regency is one of several Austin-area hotels to undergo renovations recently. Others include the InterContinental Stephen F. Austin Hotel, Omni Austin Hotel Downtown, Renaissance Austin Hotel and several Residence and Courtyard inns owned by Indiana-based White Lodging.
Meanwhile, more than 4,000 new hotel rooms are on their way to Central Texas, primarily located in downtown Austin.