[Scottolini]

Friday, February 5, 2010, 2:13pm CST | Modified: Friday, February 5, 2010, 2:18pm
City approves eminent domain for Waller Creek Tunnel Project
Austin Business Journal

Austin city officials Thursday approved eminent domain proceedings for a parking lot between Forth and Fifth streets that is needed for a redevelopment project.

"The city doesn't really have the option to sit and wait until something is figured out. It cost hundreds of thousands of dollars a month if it is delayed."

He said construction will move forward in early 2011 and wrap up in 2014.

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http://austin.bizjournals.com/austin...1/daily60.html