Roanoke hotel and convention center gets $88M deed of trust
A Roanoke development corporation recorded an $88,085,000 deed of trust on Oct. 5 for a 205-key hotel and convention center registered at $99.7M.
A local development corporation created for Roanoke’s hotel and convention center recorded an $88,085,000 deed of trust with the Denton County Clerk on Oct. 5, the first public paper trail of how the roughly $99.7M project at 600 S. Oak St. in Roanoke is being funded. For contractors and suppliers bidding trade packages, it is the first recorded financing instrument tied to the build.
Why it matters
The clerk’s index lists the borrower as Roanoke Convention Center Hotel Local Development Corp and the counterparty as U S Bank Trust Co NA. We could not read the instrument text online, so we cannot say whether it secures bonds, with the bank acting as trustee, or something else. Treat it as a recorded security instrument, not a confirmed bank loan. Texas deeds of trust carry no sale price, so the amount is a financing figure, not a purchase price.
The project is municipal at its core. TDLR lists the City of Roanoke as owner. Community Impact reported that the city will own the convention center and lease land to the hotel for its operations, with Dallas-based Brasfield & Gorrie as the general contractor. We did not find the hotel operator named in a record, so no developer is tagged. For a comparison with another public-money build in North Texas, see Terrell and Mesquite ISD’s $201M high school projects, and the Dallas-Fort Worth market page.
The numbers
- Deed of trust: $88,085,000, instrument 116657, recorded Oct. 5, 2026, Denton County.
- TDLR registration TABS2026016219 (filed March 30, 2026): $99,700,000 estimated cost, start July 1, 2026, completion May 1, 2028.
- Scope per TDLR: 205 keys, 166,609 gross sq ft, 11,377 sq ft of meeting space, 294-space garage.
- Gap between the recorded amount and the TDLR figure: about $11.6M.
- Cost per gross sq ft at the TDLR figure: about $598. Cost per key: about $486,000.
- Other published project totals differ from the TDLR figure, so we use only the registered one.
What’s next
Watch for a bond offering document or trust indenture that would show the structure and repayment source, and for the hotel operator’s name and brand. Community Impact reported a construction start on or around Aug. 3, but we have not confirmed a groundbreaking in a record. Further recordings in Denton County, such as a lease or a ground lease, would show how the private hotel piece connects to the city-owned convention space.
On the record
What we checked ourselves, and where you can check it too.
- Public recordDenton County Clerk instrument 116657, a deed of trust recorded Oct. 5, 2026, for $88,085,000, lists Roanoke Convention Center Hotel Local Development Corp as borrower and U S Bank Trust Co NA as the counterparty.View the record on denton.tx.publicsearch.us
- Our dataThe $88,085,000 recorded amount is about 88% of the $99,700,000 registered with TDLR, leaving roughly $11.6M, and the TDLR scope of 166,609 gross sq ft works out to about $598 per sq ft.View the record on tdlr.texas.gov
On the record
- Primary recordDenton County Clerk, deed of trust, instrument 116657denton.tx.publicsearch.us/doc/331021331
- Primary recordTDLR TABS TABS2026016219, Roanoke Hotel & Convention Centertdlr.texas.gov/TABS/Search/Print/TABS2026016219
- Also reported by
- Community Impact, contracts and site plans for Roanoke hotel and convention centercommunityimpact.com/keller-roanoke-northeast-fort-worth/government/contracts-site-plans-move-forward-for-roanoke-hotel-and-convention-center