(BRK.A), (BRK.B)
Berkshire Hathaway’s Nebraska Furniture Mart (NFM), in partnership with Indiana-based Great Lakes Capital (GLC) and the City of Cedar Park, have announced landmark agreement for a full-service Marriott hotel and convention center at Berkshire Hathaway’s CedarView, a premier mixed-use development in Cedar Park, Texas.
This state-of-the-art project will feature approximately 300 guest rooms, 30,000 square feet of event and meeting space, a full-service restaurant, a breakfast café, and an expansive pool area. Designed to elevate the hospitality experience in Cedar Park, the hotel will serve as a key destination for both business and leisure travelers.
“This hotel and event space will be a game-changer for Cedar Park and the greater Austin area,” said Ryan Blumkin, Executive Vice President of NFM. “Our collaboration with Great Lakes Capital and the City of Cedar Park underscores our commitment to creating dynamic, community-focused developments.”
As an anchor for the CedarView development, the project aligns with NFM’s strategy of expanding its footprint and enhancing local economies. The hotel and convention center will complement NFM’s upcoming Cedar Park retail location, which is currently under construction, further solidifying the area as a hub for commerce and entertainment.
Construction is set to begin in May 2025, with an expected opening in early 2027.
Berkshire’s Nebraska-based home retailer NFM (Nebraska Furniture Mart) will open its fifth store in the city of Cedar Park, Texas, approximately 16 miles northwest of downtown Austin.
© 2025 David Mazor
Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.