Faust Hotel Chapter 380 Economic Development Agreement
New Braunfels
Summary
Council approved a financial incentive agreement to support the extensive $10 million restoration of the historic Faust Hotel in downtown New Braunfels. The project will upgrade the landmark, reduce room counts for larger suites, and add high-end lodging and conference space.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Mar 9, 2026.
Impact analysis
Rebates city hotel occupancy taxes up to $1 million over 5 years, while generating an estimated $2 million in total HOT revenue and $10 million in property value.
Downtown merchants, visitors, and the city's historic preservation efforts.
Mentions & discussions (1)
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