The development team of McCourt Global & Sutton Co. have purchased the land on the SE corner of C. Chavez & Red River (the dirt parking lots across the street from the Fairmont site).
The plan seems to tie this new site into the already planned Waller Park Place site and possibly add up to ~600,000 SF of space (for a total of ~2 million SF of space spread over the entire project).
AUSTIN AMERICAN-STATESMAN: Developers buy more land...
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