W Hotel deal gets Houston First’s approval, heads to City Council

Houston First Corp.’s board has approved a plan that aims to bring a long-awaited W Hotel to downtown Houston.

The Houston Chronicle reports that the board voted 10-3 in favor of the deal with Texas Hospitality Partners at its Jan. 16 meeting. Next, the deal goes to Houston City Council for approval.

As previously reported, the deal still includes more than a decade of state and local tax rebates worth an estimated $42.6 million, per the Chronicle.

Houston First had to negotiate the main deal,…