City of Austin city Awards Facilities Contract to Rida Cota Hotel LLC (April 2026)
City of Austin cityCity · Austin, TX- Approved
- Apr 23, 2026
The 30-second brief
In July 2025, the Austin City Council authorized agreements with RIDA COTA Hotel, LLC to acquire about 21 acres of land and 460,000 square feet of convention center facilities at Circuit of the Americas. The package includes a ground lease and a facilities purchase and management agreement with no-cost repurchase options for RIDA at the end of the term, subject to a favorable Private Letter Ruling from the State Comptroller.
Rida Cota Hotel LLC holds this facilities contract with City of Austin city. Its other public contracts on record include work for Austin - Music Commission.
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Contract details
- Contract type
- Facilities
- Document date
- April 23, 2026
- Vendor
- Rida Cota Hotel LLC
- Agency
- City of Austin city
- Source document
- City of Austin Staff Report File #: 26-1464, Agenda Item #: 6. 2026-04-23 (StaffReport)
Rida Cota Hotel LLC's other public contracts
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Questions about this contract
Who was awarded the facilities contract by City of Austin city?
Rida Cota Hotel LLC was awarded this facilities contract by City of Austin city, as recorded on April 23, 2026.
What type of contract is this?
This is a Facilities contract, documented as a staffreport record.
Where was this contract approved?
This contract appears in City of Austin Staff Report File #: 26-1464, Agenda Item #: 6. 2026-04-23 (StaffReport), dated April 23, 2026 from City of Austin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Rida Cota Hotel LLC hold?
Rida Cota Hotel LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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