Construction is underway on the new Home2 Suites hotel located behind Studebaker’s on East Commerce.
On April 26, the Brownwood City Council unanimously approved an amendment to the Chapter 380 agreement with Brownwood Hotel Partners, LP to extend the project commencement date by six months.
The economic development/Chapter 380 agreement was executed on February 22, 2021. The agreement called for construction of the Hotel to commence within 12 months after the effective date. The start of the project has been delayed, but the developer is getting close to closing their loan and are looking to start construction in the next two months. Brownwood Hotel Partners, LP is asking for additional time to begin construction under the agreement.
There is currently no estimated time on when construction will be complete.
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