Posted Jun 5, 2012, 5:49 AM
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Meh
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
Posts: 57,332
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Austin | 305 S. Congress | 6 Towers - 215'/295'/365'/375'/445'/525' | Proposed
It looks like there's some momentum to have the American-Statesman move from its South Congress digs. Apparently they're accepting offers for their property. This would open up 19 acres for redevelopment.
PDF plan
http://www.aia.org/aiaucmp/groups/ai...aiab095036.pdf
http://www.bizjournals.com/austin/pr...available.html
Quote:
Statesman’s prime site available
Austin Business Journal by Jan Buchholz, Staff Writer
Date: Friday, May 11, 2012, 5:00am CDT
Speculation about what will happen to the newspaper’s prime real estate at 305 S. Congress Ave. revved up after the Statesman’s owner, Cox Media Group, confirmed early this month that it is entertaining unsolicited offers to buy the 18.9 lakefront acres it owns. The Travis Central Appraisal District fixes the property’s value at $39.8 million.
The land holds a 330,000-square-foot office and printing facility and ...
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