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Old Posted Nov 27, 2019, 9:03 PM
austlar1 austlar1 is offline
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Join Date: May 2007
Location: Austin
Posts: 3,503
Quote:
Originally Posted by The ATX View Post
Concerning the rendering...



https://atxrealestatenews.com/
^^^A deep dive into the above link produced this:

Given Kiltz’s court statements, it’s hard to fathom why Nate Paul posted on LinkedIn over the weekend, that “an iconic tower is coming to downtown Austin at the corner of 5th and Red River. Over 600,000 square feet, spectacular views, and an irreplaceable location. Downtown Austin is about to get a lot more interesting.”

Really? The property is in Chapter 11 bankruptcy with multiple moving parts and hearings scheduled through the end of the year. If historical considerations and view corridors in fact regulate the site, then what Paul is touting is pie in the sky. I wonder where he found that rendering? C’mon, man.
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