Downtown News & Rumor Roundup: New skyscraper planned?
As a sign of things to come, a zoning change was filed on the block surrounding the 56-story Austonian skyscraper last week seeking a change to allow for more density (read: taller).
According to the zoning request, the surface parking lot along with the land and building that house the Austin Children’s Museum, will be redeveloped as office/retail according to the ABJ.
You may recall, Austin-based World Class Capital Group bought the land in March. It’s too soon to tell whether there are any actual plans for the site, or if they are just seeking to make it sexier to resell. Or they could just be getting a last minute upzoning before the rules of the game change (see below). Stay tuned.
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