A luxury Hemisfair hotel with a $185 million price tag is set to open next year.

The Monarch San Antonio will open its doors on March 2, 2026, according to a news release from the hotel.

The 17-story building will feature 200 guestrooms with 28 suites, three chef-driven restaurants, a lobby bar, a spa and more than 15,000 square feet of flexible event space.

Situated on the northwestern portion of the Hemisfair property, the hotel stands at the foot of the San Antonio River Walk and The Alamo.

Zachry Hospitality will own and operate the hotel. It began construction in November 2023, with San Antonio-based architecture firm Overland Partners leading the hotel’s design, according to a Texas Department of Licensing and Regulation filing

The Monarch, taking its name from the butterflies t

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