The background
Austin firm Merritt Development Group and Georgia-based venture Peachtree Group announced in early December they are partnering to develop a Residence Inn by Marriott at 100 N. Main Ave.
According to a news release, Merritt and Peachtree plan to build a 171-room, 10-story, 124,000-square-foot hotel featuring a rooftop pool and terrace, a fitness center and meeting rooms.
Construction is estimated to cost $58 million, with Peachtree serving as the owner-operator, the release states. No construction timeline has been released.
What else?
Austin-based Emmer and Rye Hospitality Group announced Dec. 14 that Pullman Market, a culinary market scheduled to open at Pearl at 221 Newell Ave. in spring.
A news release states the 40,000-square-foot market will have four full-service restaurants, quick casual culinary concepts, an artisan butcher and fishmonger program, a curated wine and beer selection, a grocery spot with Texas-based produce and specialties, and a seasonal bakery and pasta program.
According to the release, the new Pullman Market full-service restaurants at Pearl will include:
- Fife & Farro, a casual eatery specializing in pizza and pasta
- Mezquite, a restaurant and mezcal bar focused on Sonora, Mexico, cuisine
- Isidore, an upscale eatery with a rotating menu
- Nicosi, a dessert bar with limited seating and a no-phone policy
“The success of our Pearl Farmers Market the past 14 years shows that our neighborhood supports local farmers, chefs and food enthusiasts. With Pullman Market, we are excited to provide a space where residents and guests can connect to these experiences daily, in addition to our weekend farmers market,” Milsap said in a statement.