Quote:
Originally Posted by wwmiv
You're kidding, right? The land where the Fairmont is to be built would have been chump change in sqft. The hotel is a much better use by every metric. If Austin wants to expand, they can build up pretty easily.
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Yeah, even if they were to close Red River to connect a new section of convention center on that block, they could only muster another 97,625 out of it with one level. And that's gross square feet. That block is 275 by 275 feet. Red River is 80 feet wide. So you would have an area of 275 by 355 feet to build on.
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