Now Open

1 Hotel Austin

Part of Waterline →

1 Hotel Austin is a nature-inspired sustainable-luxury hotel at the base of the Waterline tower — the tallest building in Texas — at 96 Red River Street in downtown Austin, where Waller Creek meets Lady Bird Lake.

Official Website
06.22
Start
09.03.26
Completion
252
Keys
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Details

98 Red River Street, Austin. 252 hotel keys. Open since September 2026. Financed with $675M from Blackstone Mortgage Trust in September 2022.

The story so far
Announced 2022 est.
Broke ground Jun 2022
Financing secured Sep 2022$675M construction loan from Blackstone Mortgage Trust for the Waterline tower (which houses the 251-key 1 Hotel Austin), per Commercial Observer
commercialobserver.com
Topped out Jul 31, 2025Waterline tower (housing 1 Hotel Austin) topped out at 1,025 ft, Texas' tallest, per Community Impact 2025-07-31; 252 keys
communityimpact.com
Bookings open Apr 2026Bookings open: 1 Hotel Austin began accepting reservations ahead of its August 2026 debut in the Waterline tower
prnewswire.com
Opened Aug 2026Now open — delivery 2026-08 passed (official site)
1hotels.com
Milestones are dated to when they actually happened and linked to their source. This record fills in over time as TMW tracks the project.
TMW IntelligenceVerified Oct 14, 2026
AnnouncedBreaking GroundConstructionOpening SoonNow Open
TMW Intelligence

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About the project

1 Hotel Austin is a nature-inspired sustainable-luxury hotel at the base of the Waterline tower — the tallest building in Texas — at 96 Red River Street in downtown Austin, where Waller Creek meets Lady Bird Lake. Operated by SH Hotels & Resorts' 1 Hotels brand, it offers 252 rooms including 60 suites, a Bamford Wellness Spa, a fitness center and yoga studio, and dining led by a rooftop bar and a signature restaurant, all pursuing LEED Gold within a biophilic design rooted in the Texas landscape.

Companies and contacts

Every firm on 1 Hotel Austin, the office nearest it, and the people who work on it.

Part of Waterline
1 Hotel Austin is one of 1 connected project in this development.
Common questions

Frequently asked

Where is 1 Hotel Austin located?

1 Hotel Austin is located in Austin, part of Waterline.

Is 1 Hotel Austin open?

1 Hotel Austin is now open. It was completed on September 3, 2026.

Who is developing 1 Hotel Austin?

Lincoln Property Company is the developer behind 1 Hotel Austin.

Who designed 1 Hotel Austin?

1 Hotel Austin was designed by Kohn Pedersen Fox, HKS.

How big is 1 Hotel Austin?

1 Hotel Austin features 252 hotel keys.