On Thursday, City of Austin officials approved eminent domain proceedings to reclaim a parking lot between 4th and 5th street that is required to begin the Waller Creek tunnel project.
The half-block property is essential to development of the mammoth downtown tunnel project. According to officials, it is needed for two tunnel easements, one temporary and one permanent.
The approval does not initiate proceedings to claim the property, but allows city officials to do so if they can...
Congress Avenue Marriott Marquis to Open in 2015
According to the Austin Business Journal, the controversial 1,000+ room Congress Avenue Marriott on the former site of Las Manitas will open in 2015 as scheduled. The hotel will carry the...
New 28-Story Hotel Planned for 8th & Congress
According to the Austin Business Journal and the Downtown Austin Blog, a new 28-story hotel is planned for 8th and Congress Avenue. With multiple Congress avenue towers in various stages of...
Fun Fun Fun Fest Moves to Auditorium Shores
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800 Foot 5th & Congress Super Tower to Return?
According to the Austin Business Journal, Tom Stacy (a veteran Austin developer) and Walton Street Capital (a $12B investment firm) are revitalizing plans for two dramatic downtown buildings...
26-Story "Congress Sliver Hotel" Approved by City Council
According to the Austin Business Journal, "Austin City Council on Thursday approved special zoning to allow the transformation of a historic Congress Avenue building into a boutique...
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