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Originally Posted by wwmiv
Maybe this is the electrical substation parcel?
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The Seaholm substation is what's got the art wall around it. I think what you are talking about is the old Austin Energy Control Center. And yeah, it's supposed to be redeveloped. Good catch!
Image from
What is and isn't happening at Seaholm
From a 2010 Austin American-Statesman article:
Developers plan condo towers to replace Austin Energy site downtown
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The City Council is set to vote today to authorize the city manager to sign a development agreement with a partnership of Constructive Ventures and Trammell Crow Co. to buy the tract for $14.5 million.
[SNIP]
The agreement says the soonest that Constructive Ventures could purchase the Austin Energy property is March 2013. The city must first relocate the control center, from which the entire Austin Energy electric grid is managed year-round.
Larry Warshaw, a principal with Constructive Ventures, said the condominium buildings would be so-called point towers — slender buildings on a wider base like the Spring condominium high-rise, of which he was a co-developer — and would soar between 400 and 500 feet.
"Financing will be the most likely factor dictating a start date," he said.
"The demand for downtown housing remains strong today," Warshaw said. "By 2013, the demand will be even stronger. The unknown factor is whether banks will be ready to lend money for this type of development again by 2013."
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There was also a rendering that showed where the two towers would be from the AAS article.
Maybe instead of building two point towers, they'll just do one - only much taller.