MIDLAND, Texas – (Realty News Report) – Houston-based Midway Cos. has ventured out to the Permian Basin for its next hospitality project.
The 200-room hotel will be in downtown Midland – about 500 miles from Houston in West Texas. The Midland City Council approved the plan, which provides some $15 million in incentives for Midway.
The Midland hotel will be a redevelopment of the Western United Life building, which was built in 1948. It was designed by Wyatt Hendrick, the architect who designed the Sam Houston Hotel in downtown Houston and the former Houston National Bank. The bank building was purchased by basketball star Hakeem Olajuwon and was redeveloped into the Islamic Da’wah Center of Houston.
Midway is no stranger to hotel development. The firm developed the Hotel Alessandra in its GreenStreet mixed-use project in downtown and the Hotel Sorella in its CityCentre development in West Houston. Last week, Midway renamed the Sorella hotel ”The Moran at CityCentre” and appointed HEI Hotels as the new manager.
HEI Hotels also will manage the Midland hotel for Midway.
Other Midway hotels include the Calvary Court and The George in College Station; The Four Points Sheraton in CityCentre; and a proposed hotel it its East River project.
Dec. 17, 2019 Realty News Report Copyright 2019
A GREAT CHRISTMAS GIFT: The New Book by Ralph Bivins, Editor of Realty News Report
Houston 2020: America’s Boom Town – An Extreme Close Up
Available on Amazon http://tiny.cc/4a2g6y