Peachtree Breaks Ground on 480-Key Dual-Branded Austin Tower
Peachtree Group and Merritt Development Group have started construction on a 30-story, 480-room dual-branded Embassy Suites and Tempo by Hilton in downtown Austin. Slated to open in early 2029, the tower will feature shared infrastructure, multiple dining venues, and a rooftop lounge.
Key Takeaways
- 1Development features 480 rooms split between Embassy Suites and Tempo by Hilton.
- 2The 30-story project includes shared amenities, a two-story lifestyle restaurant, and a rooftop bar.
- 3Construction is underway via DPR Construction, with opening planned for early 2029.
Source: Lodging Magazine
Keep reading
Our reporting
More in finance

