Quote:
Originally Posted by Dcbrickley
|
I think the best example in Austin of what they would ideally want would be the land from the old Austin Greenwater Treatment Plant in west downtown. Under developed continuous land in the heart of the city. Austin has already redeveloped their inner city utilities and warehouse area. They are redeveloping their old train yard. The problem is Austin wasn't already a big city that went through a boom and bust so there isn't much in old buildings and infrastructure that is prime for redevelopment.
In terms of other sites, the owner of the statesman could have partnered with the owners of the neighboring lots but that is still not a lot of land to build onto to get to 8 million sq feet of office space.
There is the Riverside and Pleasant Valley site but that is a project with a lot of red tape especially since it gets rid of housing. It's also a very residential corridor. Not really what they are ideally going for.