Business & Finance
UMusic announces 71-acre music-focused hotel and residential project in Austin
The planned development features a 10,000-seat amphitheater, 150 hotel rooms, and 600 private residences, with construction scheduled to start in 2027.
The short version
- UMusic Hospitality & Lifestyle has revealed plans for a 71-acre music-themed hotel and residential community in Austin, Texas.
- The project features a 10,000-seat outdoor amphitheater, 150 hotel rooms, 600 private residences, recording studios, and multiple entertainment venues.
- Construction is scheduled to begin in the first quarter of 2027, with phase-by-phase completion projected from early 2029 through 2032.
Key facts
- The UMusic Hotel & Private Residences Austin will be located at the intersection of Southwest Parkway and Highway 71.[Billboard]
- The development's main centerpiece is the White Rocks Amphitheater, a planned 10,000-seat outdoor venue.[Billboard]
- The project includes 600 private residences, with initial unit prices starting around $760,000 for The Preserve I and approximately $1.6 million for Private Residences.[Billboard]
- The location marks UMusic's second hotel property globally, following its 2022 opening in Madrid, Spain, and its first to incorporate private residences.[Billboard]
- Construction is set to commence in early 2027, with the initial delivery expected in early 2029 and full completion targeted by 2032.[Billboard]
What remains uncertain
- The timeline remains subject to potential delays inherent to multi-phase real estate developments scheduled through 2032.[Billboard]