Westin Irving Convention Center - Las Colinas
This 350‐room, full‐service hotel and 16,000‐square‐foot conference center is located adjacent to the award‐winning Irving Convention Center to the north and the Irving Music Factory to the south in Irving’s upscale Las Colinas. The $114 million facility includes an 840‐space parking garage supporting the Hotel and the Convention Center.
The Hotel is the final essential element for the $300 million major convention and entertainment district in the heart of the Las Colinas Urban Center. The Irving Music Factory is anchored by an 8,000‐seat Live Nation Theater, while the Irving Convention Center includes 250,000 sq. ft. of exhibit, ballroom and meeting space.
The capital structure is unique, a hallmark of Garfield’s history of cutting‐edge financing solutions. The Conference Center was financed with City bonds repaid by site‐specific occupancy, sales, and property taxes. The Hotel was financed with non‐recourse tax‐exempt hotel revenue bonds privately placed with Garfield and its capital partner.
The Hotel is owned by a private 501(c)3 entity, and the Hotel and Conference Center are operated as a Westin by Marriott International under a qualified management agreement. Upon retirement of the hotel revenue bond financing, the facilities will be transferred at no cost to the City of Irving.