Adventurous Journeys (AJ) Capital Companions introduced this week an acquisition in downtown Austin which will probably be dwelling to the forthcoming Graduate Austin, a part of the Graduate Motels assortment. The property, situated at Guadalupe Road and West 18th Road, is located within the coronary heart of downtown, simply steps from the College of Texas campus and Texas Capitol Mall. Upon completion, the 18-story lodge is anticipated to open in 2025.
Created for vacationers who search memory-making journeys, Graduate Motels is a thoughtfully crafted assortment of accommodations that reside in essentially the most dynamic university-anchored cities throughout the nation. Every property celebrates and commemorates the optimistic power of its neighborhood whereas providing an prolonged retreat to locations that always play host to the very best days of our lives.
“Austin has lengthy been a dream location for Graduate,” mentioned Tim Ryan, Chief Funding Officer for Graduate Motels. “Town’s distinct persona, inventive power and adventurous spirit align completely. We’re big followers of this neighborhood and all issues UT, and we look ahead to delivering an area that displays and celebrates these sentiments by way of design that is rooted in storytelling, gracious hospitality, best-in-class meals and beverage choices and extra.”
Décor all through Graduate Austin will embody an eclectic and inventive persona, that includes a mixture of bespoke patterns, textures and design particulars that pay homage to the town’s playful spirit and the storied tradition of The College of Texas. The property’s basic structure will probably be complemented with wealthy, layered finishes resembling glazed terracotta and checkered cement tile, grass material wallpapers, retro materials, and heat, desert-inspired hues.
The lodge will even provide assembly and occasion area, on-site parking, a health heart, floor flooring café and foyer bar, rooftop restaurant and bar, and a rooftop pool. The Burt Group will function co-developer of the mission alongside the AJ staff.
Based in 2014 by CEO and founder Ben Weprin, there are presently 33 open Graduate Motels properties throughout the U.S. and U.Okay., and 4 extra properties in varied phases of improvement in Auburn, Alabama; Austin, Texas; Dallas, Texas; and Princeton, New Jersey. AJ and Graduate Motels are headquartered in Nashville, Tenn.