Real estate
BY AMIRA VAN LEEUWEN
BY MADDY MORALES
4-story mixed-use development coming to downtown
Developers with Oldham Goodwin, a commer- cial real estate agency, broke ground on a new $40 million hotel in New Braunfels called Spring- Hill Suites by Marriott on June 6. About the project The new hotel, located at 738 I-35 N., is being constructed next to the existing Courtyard by Mar- riott hotel, as previously reported by Community Impact. The eight-story, 150-key all-suite hotel will be on the banks of the Guadalupe River, according to a news release. The hotel will have a two-tier, outdoor swim- ming pool with an amenity deck. SpringHill Suites $40M hotel breaks ground near Guadalupe River
will have a 4,400 square-foot event space and a 1,328 square-foot tness center. There will also be a business center and laundry facilities, the release states. SpringHill Suites will also have 14,000 square- feet for food and beverage spaces, which will be anchored by Paloma Suerte. Paloma Suerte is a Fort Worth-based indoor and outdoor Tex-Mex restaurant. The hotel will also oer a breakfast lounge and a coee bar, according to the release. Notable quote Tanya Pence, president of the New Braunfels Convention and Visitors Bureau, said the hotel will be a positive addition to the city. “SpringHill Suites will be a welcome addition to the thriving hospitality industry in New Braunfels. In 2023, hospitality accounted for over 30% of jobs and had a $1.3 billion economic impact,” Pence said. One more thing The hotel is slated to be completed in Q4 of 2026, Kay Davis, oce manager at Oldham Good- win’s corporate oce, told Community Impact.
four penthouse suites, Gillum said. The Neue will feature three professional oce spaces totaling 3,300 square feet and two retail spaces totaling 2,000 square feet. The condominium project will also oer an array of amenities, including a dog park, tness room, resort-style pool and courtyard. The devel- opment will also provide secured onsite parking and feature state-of-the-art security technology and electric vehicle charging stations. The inspiration The name of the development is inspired by the German word for “new,” and will represent a “fresh chapter in downtown living, one that honors the city’s rich past while embracing an elevated modern way of life,” the presentation states. Looking ahead The Neue is slated to be completed by spring of 2027, according to the presentation.
Construction for a new 4-story mixed-use condominium development named The Neue is anticipated to begin in early 2026, according to a June 3 New Braunfels Downtown Association presentation from Lindsey Gillum, managing partner of Gillum Properties. Gillum said they were excited to introduce the project to the community. “This location in downtown deserves something special, and we’ve designed The Neue with great care for the future owners and with respect to downtown,” Gillum said in a news release. Project overview The 72,000 square-foot project will be located at 699 W. San Antonio St. and developed by Seals Family Properties and Gillum Development. The project is estimated to cost about $20 million, Gillum told Community Impact . The Neue will oer 46 owner-occupied residences, which will be made up of 1-2 bedroom condos and at least
SpringHill Suites will be an eight-story, 150-key hotel.
The Neue will be located at 699 W. San Antonio St., in downtown New Braunfels.
GUADALUPE RIVER
46
The Neue
35
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CREEKSIDE TOWN CENTER 263 Creekside Crossing (830) 608-1969
NEW BRAUNFELS 1671 IH-35 S (830) 629-0434
LIVE OAK 14623 IH-35 N (210) 651-1911
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