Self-Storage Development

18 Mini-Office Suites, 580 Climate Controlled & 19 Non-Climate Units

Scenic assembled multiple parcels and developed this 3-story institutional quality storage facility on Stewart Rd, the high-traffic east-west thoroughfare on the island. Extensive site work was completed to raise the finished floor elevation above the 100-year flood zone. The property opened its doors for business in August 2021 and is currently in lease-up.

121 rooms

This hotel has been the market leader in Katy since its opening in 2015. Scenic assumed a low-leverage CMBS loan with a below-market fixed interest rate and purchased this at a discount to replacement cost. Scenic is executing a property improvement plan and will hold the property for cash flow.

29,000 Net Rentable SF

Scenic developed this 3-story Class A office building only blocks from the new $334 million Travis County Civil & Family Courts facility and large institutions, including the Texas State Capitol and UT Austin.

192 Units

Skytop is a tax credit project completed in 2011. Scenic purchased the original developer’s interests at an attractive basis and will hold the property for cash flow through the tax credit compliance period.

82 rooms

Scenic developed this 82-key hotel located off I-20, approximately 25 miles East of Dallas. The hotel is part of a 360-acre development that includes the second largest Buc-ee’s in Texas, multiple big box retailers, and a 53-acre site owned by Baylor Scott & White.

Curio Collection by Hilton

100 rooms

Scenic purchased the historic Sam Houston Hotel from a distressed seller in September 2023 and will implement a full renovation, including all rooms and common areas. The lobby will be activated with the addition of a bar and lounge experience. The renovation is expected to be complete in Q4 2024, in time for the hotel’s 100th anniversary.

Canopy Austin Downtown

A new boutique lifestyle brand by Hilton.

Scenic developed the Canopy Austin Downtown, located in the heart of the West 6th Street entertainment district. The hotel has 140 rooms, including five suites, an intimate guest lobby, and a relaxed, open-air courtyard sanctuary that connects to a full-service restaurant and bar. Amenities also include an elevated pool deck with excellent views of the street scene and downtown.

Holiday Inn & Suites by IHG

146 rooms

Scenic purchased this asset well below the replacement cost from the original developer. Scenic will execute a brand-mandated property improvement plan and hold for cash flow.