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Council approves incentive package for new Hilton Tapestry hotel at The Standard at Chisholm Hall
Summary
The council approved an incentive agreement with Windmiller Properties for an estimated 80‑room Hilton Tapestry hotel at The Standard at Chisholm Hall, conditioned on minimum capital investment and construction milestones.
Burleson council members voted Oct. 20 to approve an agreement with Windmiller Properties for development of a new boutique hotel at The Standard at Chisholm Hall.
Economic Development Director Alex Phillips presented the developer proposal: a roughly 80‑room hotel with a restaurant and two ground‑floor retail spaces operating under the Hilton Tapestry flag. The developer’s obligations include constructing the hotel with at least 80 rooms, delivering the Hilton product, achieving a minimum capital investment of $18,000,000, commencing construction by May 1 (year not specified in the presentation timeline) and achieving certificate of occupancy by Dec. 31, 2027.
Phillips summarized the incentive package and presented projected returns: staff materials showed a 10‑year ROI estimate and a longer‑term 20‑year ROI figure tied to the incentive structure. Council members asked about trail connectivity and pedestrian access; the developer and staff said they would work to connect the site to the Bailey Lake Trail and to provide direct connections to Chisholm Hall amenities.
Council members expressed support and thanked the developer and the economic development staff. The agreement was approved by voice vote as presented.
