Aztec Family Group LLC has a 40-year lease agreement with Dallas-based Shreem Capital, an investment firm that focuses on buying, developing and managing hotels, the daily reports. The plans focus on four floors of now-vacant office space at the live music and event venue, which will be renovated into 77 guest rooms and suites.
The HDRC recently gave conceptual approval to the designs, which would have to go back to the commission for a final green light, thereports. Local restauranteur Sam Panchevre, part of Aztec Family Group LLC, told the paper that the designs, hotel brand and concept are still being finalized. Panchevre said he expects to return to the HDRC for final approval on the project in late April or May.
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