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Abilene Downtown Convention Center Hotel
Full-Service Conference Hotel
Project Details
During the fall of 2019, the City of Abilene entered into a Master Development Agreement with the Abilene Convention Center Hotel Development Corporation and Garfield Public/Private LLC for the design and construction of a full-service, convention center hotel in the heart of Downtown Abilene.
The City and its project partners will break ground on this 200 full key service room hotel located in the 500 block of Cypress and Cedar Streets October 15, 2021.
On July 11, 2023, a ribbon cutting ceremony marked the grand opening of the DoubleTree by Hilton Abilene Downtown Convention Center hotel. For more information about the hotel and its features, visit the DoubleTree by Hilton website.
Hotel & Convention Space Funding
| Hotel Funding | Convention Space Funding | ||
|---|---|---|---|
| $41,970,000 | Abilene Convention Center Hotel Development Corporation | $5,000,000 | Intergovernmental |
| $11,050,000 | Abilene Improvement Corporation | $5,120,000 | Predevelopment expenditures |
| $8,000,000 | Cash on Hand | ||
| $5,030,000 | Abilene Improvement Corporation | ||
| $4,980,000 | Convention & Hotel Revenue | ||
| $53,020,000 | Hotel Total | $28,135,000 | Convention Space Total |
| $82,986,174 Total Cost (including cost of issuance of debt) | |||
Why Tourism & Conventions are Important
- In FY 2018-2019, 380 meetings were hosted in Abilene ($27.5 Million in revenue)
- 425 Groups are booked at existing hotels through 2022 ($32.8 Million in expected revenue)
- In 2018
- $498 Million was generated by traveler spending in Abilene
- $27.5 Million was generated from traveler lodging in Abilene
- 4047 local jobs were created
- $44.2 Million in taxes were generated
- Tourism offered $690 per year of average taxpayer savings
Sources: Abilene Convention & Visitors Bureau, Texas Office of the Governor, Economic Development, Travel & Tourism