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Old Posted Feb 23, 2024, 5:15 PM
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Austin | Pinnacle Plaza | Two Towers | 280 Feet | ? Floors | Proposed

Swede Hill Hotel Site Seeks Rezoning for Downtown-Adjacent Apartment Tower

Quote:
A rezoning case for an approximately 3.27-acre tract currently occupied by a DoubleTree by Hilton hotel along the I-35 frontage road directly east of downtown Austin could bring a 300-unit apartment tower to the northern edge of the Swede Hill neighborhood, according to the upcoming case agenda of next week’s meeting of the Planning Commission. It’s the second tower planned for the triangular region just east of Oakwood Cemetery where MLK Jr. Boulevard passes over the highway — you may recall that Ledgestone Development Group, owners of the Denny’s restaurant sharing some of the DoubleTree’s parking lot, are also hoping to raise a condo building an estimated 18 floors directly next door. The DoubleTree tract is instead owned by the San Diego-based Pinnacle Holdings, and despite their mutual interest in adding greater density here the neighboring projects appear unrelated for now.
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