Down to 4 finalists:
"Landowner Central Health released Friday afternoon a list of four finalists out of 12 companies that submitted a request for qualifications. The next phase of the bidding process, which involves a request for proposals, will begin in February or March, according to Central Health.
The land, six blocks at 15th Street and I-35, is one of the largest infill development opportunities in Austin. Building heights are expected to exceed more than 30 stories.
The four finalists are:
• Brandywine Realty Trust (NYSE: BDN), which has an extensive Austin portfolio, including IBM's "Broadmoor" campus near The Domain.
• Catellus Development Corp., the developer of the Mueller mixed-use community northeast of downtown.
• A partnership between Howard Hughes Corp. and Cambridge Holdings. Howard Hughes is based in Dallas and would be a new entrant to the Austin market. It was one of the co-developers of The Woodlands master-planned community north of Houston.
• Wexford Science + Technology, based in Baltimore, has developed and operated numerous higher education developments tied to academic medical centers and research institutions, including the University of Maryland BioPark. It would also be a new player in Austin.
Since 1889 the 14.3-acre site has been home to a hospital. However, once Brackenridge is replaced with the opening later this year of Dell Seton Medical Center, which is next door to the newly opened Dell Medical School, the land will be available to convert into some sort of mixed-use configuration — though Central Health wants it to remain a nexus for community health, and parts of the area could be included in the so-called "Innovation District" that is being planned to support Dell Medical School.
http://www.bizjournals.com/austin/ne...ment-race.html