Posted Dec 21, 2014, 3:50 PM
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Meh
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
Posts: 57,327
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http://www.bizjournals.com/austin/bl....html?page=all
Quote:
Redevelopment of former Austin Energy downtown site into condos adds partner, moves ahead
Dec 20, 2014, 2:08pm CST
Jan Buchholz
Staff Writer-
Austin Business Journal
Constructive Ventures, which plans to redevelop the former Austin Energy Control Center at Third Street and West Avenue, has a new partner — Austin-based Aspen Heights — and formally named the residential condo tower project "The Independent."
The specifics of the redeveloped Austin Energy Center have changed over the years. Constructive Ventures now says the main element will be a for-sale residential condo high-rise — perhaps in excess of 50 stories — with 15,000 square feet of retail space on the ground level. That retail element is dictated by the MDA, a 122-page document that includes numerous benchmarks and timelines that must be met before the city will convey the property.
"We intend to build a tower that's truly reflective — in its name, architecture, finishes, views, location and amenities — of Austin," Henry said.
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