WeWork's sudden downfall may actual benefit downtown Austin development. Their rumored 1,000,000 Sq. Ft. office project next to IHOP and the former Waller Park Place project are unlikely to happen now because WeWork will probably sell the sites to raise money. That takes a lot of proposed space off the market and will allow a real developer(s) to control the sites. It's amazing how so much prime downtown real estate has had a decades long history of failed development during such amazing boom times.
Last edited by The ATX; Oct 3, 2019 at 8:24 AM.
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