The hotels being discussed for purchase are the Candlewood Suites and Texas Bungalows Hotel & Suites.
Author: Molly Oak, Luis de Leon, KVUE Staff
Published: 11:28 AM CST January 25, 2021
Updated: 10:33 PM CST January 25, 2021
AUSTIN, Texas — Members of the Austin City Council are meeting Monday to discuss potentially buying two Austin-area hotels intended to house those experiencing homelessness.
The hotels reportedly in discussion for purchase are the Candlewood Suites for $9.5 million and the Texas Bungalows Hotel & Suites for $6.7 million.
Additionally up for discussion is an item allowing the City to lease the Candlewood Suites prior to purchase "for emergency housing, isolation, and support services related to COVID-19 for a 30-day term, with an option to extend for three additional 30-day terms," which would cost up to $699,200.