This also says Trader Joe's, a specialty retail grocer, will occupy a new lowrise retail building. In addition to that and the 117,000 square feet of office space in the original power plant building, will be a 30-story apartment tower to be delivered in 2015.
Apr 11, 2013, 2:52pm CDT
Seaholm project groundbreaking is imminent
Austin Business Journal
The long wait for the Seaholm Power Plant project to begin construction appears to be over. Developer Southwest Strategies Group Inc. — which formed Seaholm Power Development LLC to oversee the office-residential-retail project — confirmed Thursday afternoon that the associated real estate transactions with the city of Austin will close Friday or Monday at the latest.
General contractor FlintCo LLC is on site — the power plant is in the southwest portion of downtown near Cesar Chavez Street and North Lamar Boulevard — and prepared to start work immediately, said John Rosato, managing partner of Seaholm Power Development.
Most of the 117,000-square-foot power plant will be leased to one office tenant. Rosato did not reveal who is planning to take the space but said the negotiations are concluding. Work will begin quickly to retrofit that space from a utility plant to office space.
The final component of the Seaholm project will be a 30-story apartment tower, which will be delivered in mid-2015, Rosato said.