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Austin leaders propose building new hotel downtown

The 31-story tower would go up at Congress and 8th street right next to the Paramount Theater.

AUSTIN, Texas — Developers are working on getting a new hotel in Downtown Austin.

The 31-story tower would go up at Congress and 8th street right next to the Paramount Theater.

This is a rendering of what the hotel would look like:

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According to our partners at the Austin American Statesman, the development will also have a restaurant and bars. However, the project will have no 'on-site' parking.

Construction is scheduled to begin around in the summer.