Quote:
Originally Posted by The ATX
It took like 2 1/2 years for the developers to get through the red tape to get this approved.
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Much longer than that, sir. This "idea" began seeking approvals back in 2007 by Town Lake Holdings, a group lead by Austin commercial real estate developer Larry Nelson.
It was their intent, at the time (due to the economic downturn), to obtain all of the proper entitlements to this site in an effort to increase the value of the land and attempt to sell it. This very well could be the same in the current case.
Time will tell...but, this "project" has been in-the-works for almost a decade.