A new upscale boutique hotel is being planned for an East Seventh Street site a block north of one of the neighborhood’s busiest nightlife stretches.

The five-story AC Hotel by Marriott between the Texas State Cemetery and Huston-Tillotson University would total about 86,800 square feet, according to a filing with the Texas Department of Licensing and Regulation. The East Side project has an estimated construction cost of $34 million.

“We’re excited by it, it’s been in the planning stages for a while now,” said Biren Patel of BCP-ESK Concho LLC, the development group behind the project.

Patel said developers anticipate submitting permitting plans to the city in September.

The East Seventh Street property would become the third AC-branded hotel in Austin. Marriott currently operates the AC Hotel Austin-University at 1901 San Antonio St. near the University of Texas and the AC Hotel Austin Hill Country at 7415 Southwest Parkway.

The project would add another hotel to the rapidly developing East Seventh Street corridor, within walking distance of the many bars, restaurants and music venues clustered along East Sixth Street.

It also comes just months after two prominent downtown hotels changed hands through foreclosure. In June, the Hyatt Centric Congress Avenue Austin and the Line Austin were sold to their lenders at a foreclosure auction after defaults tied to more than $250 million in loans.

The state filing lists construction as beginning at the end of 2026, with completion scheduled for the end of 2030. Austin-based Merriman Pitt/Anderson Inc. is listed as the project’s design firm.

Details in state regulatory filings, including construction costs and timelines, are preliminary and subject to change.