Developers have closed on a Mary Avenue property where they plan to build a 182-room AC Hotel by Marriott with a conference center and public parking garage in downtown Waco, Texas. Paul Barham of SRH Hospitality plans to start early next year building the conference hotel at Sixth Street and Mary Avenue, just across the railroad from Magnolia Market and a few blocks from two other planned Mary Avenue hotels. Developers are expecting to put $60 million into the project, which is envisioned as part of a plan to make Mary Avenue a key street for entertainment and leisure in downtown. The hotel will front on Mary with a glass façade, a roof terrace and sidewalk café. The project would be completed in late 2022 or early 2023. Two other hotels approved along Mary Avenue include The 175-unit Embassy Suites at Third Street would have 308 parking spaces, including 141 for the public and a 110-unit Hyatt Place at Mary and Fourth Street would have 180 parking spaces, including 66 public spaces.
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