"I'm told a new hotel is coming to downtown Austin with two restaurants and bars from Miami’s Lost Boy & Co. in collaboration with local FBR Management; the property at 701 East 11th Street will open sometime in the spring and include a sunken lounge with under-the-water views of the next-door pool plus a lobby café offering breakfast, coffee, and a walk-up takeout counter. The rest of the Downright will feature guest rooms and suites, indoor and outdoor event spaces, and a whole hip, bright aesthetic — lots of pinks, geometric shapes, checkerboard designs, and plants — and it will operate under Marriott while taking over the current Sheraton at the Capitol (which remains open for bookings during renovations)." - Nadia Chaudhury