Developers Kunal Mody (Reimagine Hospitality) and Jordan Haas (Rock Capital Group) are planning to convert the 1926 era Shell Building into a 184 room hotel and ground floor retail space. The developers have acquired the building are have requested the LCRA to blight the property and approve an 87% tax abatement on the property. Alderwoman Tammika Hubbard supports the tax abatement. They’ll review the request at the April 23rd LCRA Meeting.
Many are counting on the redevelopment to being more visitors to a Washington Avenue and spur some retail development there. Others are also saying that despite this hotel pushing the total number of hotel rooms under construction or planned in Downtown over 1600, this will be utilized more. Eitherway, I think it will be a good addition and bring some more life to the evolving Locust Street corridor.
The Shell Building was originally built in 1926.
Developers: Kunal Mody (Reimagine Hospitality) and Jordan Haas (Rock Capital Group)
Cost: $38 Million
Construction Begin: TBA
Construction End: TBA
Below is a panorama of Lucas Garden Park and the Shell Building. Attached to the building is the Jefferson Arms.
Below is a post card image of Lucas Garden Park back when it was referred to as the Sunken Garden. The post card appears to be from the 1930s.