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Old Posted Apr 15, 2016, 1:45 AM
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KevinFromTexas KevinFromTexas is offline
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Join Date: Jul 2001
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http://www.mystatesman.com/news/busi...emium-referral
Quote:
30-story ‘car-free’ apartment tower planned on Congress Avenue

By Shonda Novak - American-Statesman Staff 33

Posted: 7:01 p.m. Thursday, April 14, 2016

A vacant retail space on Congress Avenue in downtown Austin could be transformed into a 30-story tower with 135 luxury apartments, office space, a restaurant and a bar. But the proposed project is also notable for what it won’t have: any space for cars.

The project — called The Avenue — won’t include a parking garage or any space for auto parking. It is being billed by its developers as the first “truly car-free luxury development in downtown Austin,” designed to encourage biking, walking, ride-sharing and public transportation.

Nelsen said developers hope to break ground by May 1, 2017. The project is expected to take two years to build. Nelson said his team is still working to secure financing for the project, which he estimates will cost $55 million to $60 million.
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