Up next for construction at TCU: A hotel.

TCU's Board of Trustees approved entering into a ground lease for developing a hotel on the university's campus. Campus Hotel Venture, LLC has been selected to construct the development. According to a board meeting report, “The scope calls for a branded hotel concept that must meet TCU requirements for exterior design and operations standards.” The hotel will also include a stand-alone restaurant.

The hotel will be on TCU's property on the east side of campus, located between McCart and Sandage avenues. The approximately 3.4-acre area is currently a parking lot.

The board grants TCU the authority to negotiate a 50-year ground lease, with the option for two 10-year extensions.

Continue checking fwtx.com for more information on the future hotel.