I thought I heard something about a ground breaking ceremony today?

The hotel ought to be breaking ground in the coming months. Not sure when exactly, but some permits where filed recently. 

Edit - here's a bunch if renderings

http://www.bbptx.com/project/magnolia-hotel

I understood that, just didn't think it would move in less it had to, and the only purpose I knew for that space was the incoming hotel.

It was always meant to be temporary and movable. It'll reopen soon at S. Main and Vickery.

Noticed the little park at Henderson and Magnolia had been cleared out. Anyone know the scuttlebutt?

Magnolia Micro Park gone