Construction on an expansion to The Ruby Hotel & Bar will begin this fall, the business announced July 7.
The details
The 2,500-square-foot expansion to the hotel will see an existing 1965 home transformed into an event space to increase the hotel's capacity to host weddings, corporate gatherings, conferences and special events. It sits on 2.4 acres, according to the announcement.
Once renovated, the new space will be able to host 150 seated guests, with a total capacity of 225 guests when combined with the adjacent saloon and gathering spaces.
About the business
The Ruby Hotel & Bar opened in 2019, renovating a mid-century home in downtown Round Rock into a hotel and bar with a view of Brushy Creek.
Remember this?
The hotel entered into an economic development agreement with the city of Round Rock last year. Per the agreement, the hotel owners purchased city-owned land east of the hotel in order to build an event center. The project will cost an estimated $5 million, Assistant City Manager Brad Wiseman said at the time of approval.
The economic development agreement also authorizes a $2.65 million loan for project improvements, which the Ruby Hotel must pay back in full within four years. Per the agreement, the city would have five days annually to utilize the event center.
Council also authorized a Chapter 380 Economic Development Program agreement at the meeting. This allows the Ruby Hotel to receive 75% economic incentive payments based on the hotel occupancy tax and property tax payments for both the hotel and special events site through 2029.
