Lewisville City Council approves economic incentive agreement for development of Aloft Hotel by Marriott

Construction on the Aloft Hotel by Marriott is expected to begin no later than December 2021. (Anna Herod/Community Impact Newspaper)
Construction on the Aloft Hotel by Marriott is expected to begin no later than December 2021. (Anna Herod/Community Impact Newspaper)

Construction on the Aloft Hotel by Marriott is expected to begin no later than December 2021. (Anna Herod/Community Impact Newspaper)

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Construction on the Aloft Hotel by Marriott is expected to begin no later than December 2021. (Courtesy city of Lewisville)
Lewisville City Council on Jan. 27 approved an economic incentive agreement with Vista Ridge Lodging for the development of an Aloft Hotel by Marriott on the southeast corner of Vista Ridge Mall Drive and Lake Vista Drive.

The agreement states the city will waive $70,000 of impact fees for the developer and $80,000 in development fees. However, the developer will still be obligated to pay for public works, fire and sanitation fees.


In exchange for these incentives, the agreement states that construction must begin on the hotel by December 2021 and reach substantial completion by December 2024.

According to city documents, Aloft Hotel by Marriott is expected to cost $14 million. The hotel will include 120 guest rooms, a bar and a full-service restaurant.
By Anna Herod
Anna Herod covers local government, education, business and the environment as the editor of Community Impact Newspaper's Lewisville/Flower Mound/Highland Village edition. In the past, Anna served as the reporter for Community Impact's San Marcos/Buda/Kyle paper. Her bylines have appeared in the Austin American-Statesman, Hays Free Press and The Burleson Star. She is a graduate of Texas State University's School of Journalism and Mass Communication.


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