Quote:
Originally Posted by Downtown_Austin
The Convention Center Overlay prohibits new surface level parking lots throughout much of the eastern half of downtown Austin, including Rainey Street [district]. The intent of the overlay is to discourage under-utilization, and encourage structured parking with new high-rise development. The overlay puts pressure on the owner to develop the property, rather than grow complacent from collecting parking income.
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That's cool to hear. What can they build with current zoning?