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Old Posted Aug 17, 2012, 2:10 AM
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KevinFromTexas KevinFromTexas is offline
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
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http://www.bizjournals.com/austin/bl...-securing.html
Quote:
Austin Planetarium closer to securing prime property

Austin Business Journal by Sarah Drake, Web Editor
Date: Thursday, August 16, 2012, 10:26am CDT - Last Modified: Thursday, August 16, 2012, 11:39am CDT

Sarah Drake
Web Editor- Austin Business Journal

Local nonprofit Austin Planetarium received approval Wednesday from the Texas Facilities Commission to proceed with its proposal to develop a $240 million mixed-use project that includes a science and technology museum at Congress Avenue and Martin Luther King Jr. Boulevard.

The Commission's approval yesterday allows the Planning and Real Estate Division to perform a conceptual evaluation on the proposal to transform State Parking Lot 7 into what would include the largest planetarium in the state.

“We cannot start a capital campaign until we have a lease agreement, and this is a huge step towards that," Torvald Hessel, executive director of the Austin Planetarium, said in a press release.
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