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Old Posted Oct 16, 2014, 4:40 AM
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ahealy ahealy is offline
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Join Date: Jul 2008
Location: San Antonio / Austin
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Quote:
Originally Posted by Syndic View Post
The west end is the hottest area in terms of real estate right now in Austin. This property must be burning a hole in Schlosser's pocket right now. If not because they want to develop it, then at least because of all the potential buyers bugging them about selling it. The west end of downtown combines that high end West Austin feel with downtown urban living. News of 5th and West breaking ground soon takes away all of the doubt about developing for Schlosser. Or, at least, it should.

I really don't get what has taken them so long, tbh. They should have been more bullish. This building should be built already.
It's in the flood plain. WF doesn't or can't develop a certain parcel from what I've heard...I believe they still own that block.
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