ALEXA MANAGEMENT ENTERS INTO DEAL TO MANAGE & RENOVATE THREE HISTORIC HOTELS IN WEST TEXAS!
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For immediate release
January 17, 2024
Acquisition of three iconic hotel properties completed Collin Bibb and Brian Carrico of Byways Hospitality announced the acquisition of three historic hotels by Four Yucca LP, a new group of Texas investors that will be implementing restorations in Alpine and Fort Davis.
Charles Mallory, the previous owner, will remain as a partner in the next phase. Bibb and Carrico previously told of their plan to restore three iconic properties in the Big Bend region, the Holland Hotel and the Maverick Inn in Alpine and the Hotel Limpia in Fort Davis.
The new group has begun the process of detailed design and preconstruction activities, and intends to begin selective demolition on non-public portions of the hotels in the coming weeks.
“We appreciate the support of the local community, and are working as diligently as possible to navigate the process of historic reviews and approvals,” Carrico said.
As part of that process, the Century Bar & Grill will be closed starting January 16, but may open from time to time for community events to be announced through social media. The Century will host an event to celebrate the Alpine community on Saturday, January 20 at 7pm, featuring the Swifts.
The Blue Mountain Bar & Grill in Fort Davis will continue to remain open.
“The Big Bend communities of Alpine and Fort Davis are so special, and we hope to revive these hotels into gathering places that residents can be proud of,” Bibb said. “We’ve assembled an amazing team to execute the vision, from architecture all the way down to food and beverage.”
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Completed Acquisition
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The team includes Alexa Management, a hospitality management company focused on boutique hotel projects in Texas, and Baldridge Architects, a nationally-renowned firm with deep experience in historic preservation.
Others include Giles Design, who designed the interiors and branding for the Hotel Emma in San Antonio, restaurateurs Morgan Weber and Vincent Huynh who created Marfa Spirit Co., Gypsy Sally’s in Leakey, Texas and Coltivare in Houston, as well as graphic designer Cody Haltom.
Byways Hospitality has also contracted Post Oak Preservation to oversee the hotels’ designation as historic landmarks and to ensure the original architecture is preserved and renovated accurately.
Plans include a restored lobby bar, ballroom and restaurant in the Holland, an expanded courtyard, pool and restaurant at the Limpia and an outdoor-focused offering at the Maverick with 20 additional rooms behind the existing hotel. Bibb and Carrico also plan to update the furniture, fixtures and equipment so the 100-year-old hotels can continue to serve guests and the surrounding community for the next century.
Bibb and Carrico founded Byways Hospitality to focus on preserving the places that shaped the American West while thoughtfully building the future of hospitality. Their experience spans venture-backed startups, private equity and hospitality development and management.
Bibb, who has been a frequent sight in Alpine, said they intend to hire locally and are working on solutions for employee housing as part of the deal.
ABA President Jim Street said the project will have a big impact on a program it is working on to restore much of the business lost in the recent Covid-19 Pandemic.
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For more information, Collin Bibb at collin@bywayshospitality.com or Brian Carrico at brian@bywayshospitality.com.
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