SABS Bid
Georgetown Hyatt Studios
Latest Bid
$9,425,000
Square Footage
61,416
Units
121
Scope Class
Full Project
Estimate SLA
Project Lifecycle
Project Brief
61,416 SF hotel in Georgetown TX (Williamson County). SABS envelope + primary structure. Basis of design: 65% DD set released by Kyle Apr 6, 2026.
Work Scope
LÏEF is the Developer / owner's-rep partner on a 4-story, 121-unit, 61,416 SF extended-stay Hyatt Studios hotel in Georgetown, TX — GC is Matt Mainer (Mainer Multifamily, San Antonio) and Xtrata is the SABS supplier. Bid covers the TOTAL project cost (hard + soft + contingency), not just SABS material. SABS envelope and primary structure per Kyle's 65% DD set (Apr 6, 2026); all trades (foundation, MEP, interior finishes, FF&E, site) bundled under the Mainer GC structure. Reconciled bid $9,425,000 ±12% — VE work deferred to post-acceptance phase.
Scope Summary
4-story, 121-unit extended-stay Hyatt Studios hotel — full project bid via LÏEF (dev) + Mainer Multifamily (GC) + Xtrata (SABS supplier).
Internal Notes
Active bid — Matt Mainer GC partnership (Mainer Multifamily, San Antonio). Priced at $9,425,000 ±12% with VE deferred to post-acceptance. Previously PASSED (Feb 2026) but re-opened Apr 2026 with Mainer + full-project structure. Source: Georgetown-Hyatt-Studios/BID-2026-04-14/BID-SUMMARY.md, PROJECT-INFO.md, EMAIL-THREAD.md. User task instruction (active bid, don't touch folder).
Bid Versions
Bottom-up modeled total — $170.74/SF, $86,665/unit. Ran hot vs. target anchor $9.325M ±14%.
$10,486,457
Trimmed $1.06M from v0 via Xtrata material concession (-$320K), fee cuts (-$78K + -$65K), TX sub rebids (-$215K), and line-item trims (-$353K). VE work deferred to post-acceptance.
$9,425,000
-$1,061,457 vs v0 — Initial bottom-up model