Austin's Driskill Hotel For Sale

The Austin Business Journal reports that the city's historic Driskill Hotel is for sale. The 189-room hotel at 604 Brazos Street is currently owned by Lowe Enterprises, a diversified national real estate organization headquartered in Los Angeles, California. It is operated by Destination Hotels & Resorts, a subsidiary of Lowe Enterprises that is based in Englewood, Colorado, and manages more than 30 properties. Lowe Enterprises purchased the Driskill Hotel from Great American Life Insurance Company for $55 million in 2005.

From The Andrew Harper Collection: "Renovated landmark hotel built in 1886 on Sixth Street in the heart of downtown Austin. The 189 guest rooms are housed in two adjoining buildings, the Historic Wing (dating from 1886) and the Tower (built in 1929). Standard amenities and details include custom beds with plush linens, work desks, and custom vanities, showers and tubs (many rooms in the Historic Wing retain late 19th-century architectural elements). Signature suites, located on the top floors, afford views of downtown and feature baths with art deco tiling; the Lyndon and Lady Bird Johnson Presidential Suite has a balcony overlooking Sixth Street and a 10-foot stained-glass window in the bath. The Driskill Grill receives consistent accolades for its eclectic farm-to-table cuisine."