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Old Posted May 3, 2014, 3:48 AM
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KevinFromTexas KevinFromTexas is offline
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Join Date: Jul 2001
Location: Austin <------------> Birmingham?
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http://www.bizjournals.com/austin/bl...3-20-year.html
Quote:
May 2, 2014, 4:33pm CDT
Seaholm intake facility proposes P3, 20-year license for developer

Robert Grattan
Staff Writer-
Austin Business Journal

Visions of the rebuilt Seaholm intake facility may have turned heads last year, but while the renderings were impressive, the architects' drawings didn't come with a way to make them a reality. Now, city officials are looking to a public-private partnership and a 20-year license agreement to help remake the waterfront building.

The Seaholm intake facility, an art deco structure built in the 1950s that sucked cool water into the power plant before it was retired in 1989, has become a sort of public-access focal point for the massive redevelopment efforts underway on the land owned by and formerly owned by the city in the southwest corner of downtown Austin.
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