Manchester Awards $247 Million Construction Contract

Hunt Construction Group selected to spearhead construction of Fairmont Austin hotel

Austin, Texas (March 19, 2014) – The developer of the Fairmont Austin hotel has selected Hunt Construction Group as the project’s construction firm.

Manchester Texas Financial Group LLC (MTFG), the developer of the hotel, notes Hunt Construction Group is the same firm that was successfully contracted for two other large projects its parent company’s developed in San Diego. MTFG, based in Austin, is a subsidiary of San Diego-based hotel industry powerhouse Manchester Financial Group. Hunt Construction Group’s relationship with Manchester Financial Group dates back to 1982, when it constructed the 1,360 room San Diego Marriott Marquis Hotel and Marina. Hunt Construction also participated in the construction of the 1,630 room Manchester Grand Hyatt San Diego, the world’s second largest Hyatt hotel.

Hunt Construction Group has been awarded a $247 million contract for its role in the upcoming Fairmont Austin. Construction is anticipated to take 32 months to complete. For more than four decades, Hunt Construction Group has been providing construction services for the hotel industry nationwide that includes over 60 specific projects totaling more than $6.5 billion.

“Trust means a great deal to our family, and our successful history with the Hunt Construction Group gives us great confidence in the firm’s ability to once-again deliver an outstanding hotel,” said Douglas F. Manchester, founder and chairman of Manchester Financial Group.

The $370 million Fairmont Austin is slated to feature more than 1,000 rooms, stand 47 stories tall and showcase an “aerial promenade” providing a direct connection for its patrons into the Austin Convention Center. The site is located at the Northeast corner of Cesar Chavez and Red River Streets – just across the street from the Austin Convention Center.

“Hunt is all about building lasting relationships and is excited to continue a long-established relationship with Manchester Financial Group,” said R.G. Hunt, president and CEO of Hunt Construction Group.

Douglas W. Manchester, president of MTFG, the project’s developer, said: “Given our long-standing relationship with Hunt Construction Group and the firm’s excellent track record in developing two outstanding, convention hotels for us in San Diego, we feel confident the same team will produce an exceptional hotel here in Austin as well.”

He notes all aspects of the Fairmont Austin are being designed to embody Austin in an authentic, upscale way.