Posted Aug 25, 2021, 10:28 PM
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Moderator
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
Posts: 14,524
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Local Developer Proposing 326-Unit Project on Three Lots in Old West Austin
Quote:
An Austin developer was recommended for zoning that will permit construction of three buildings totaling 326 residential units, at Tuesday’s meeting of the Planning Commission.
The 3.189-acre (138,912 SF) property in Old West Austin will convert from general commercial services (CS) to planned development area–neighborhood plan (PDA-NP) combining district.
The property is made up of three lots, with lots one and two at 1.07-acres (46,696 SF), and lot three at 0.94-acres (41,257 SF).
They are located north of the West Austin Youth Association baseball fields of Ladybird Lake-Lamar Beach Metro Park, at 300 and 301 Pressler Street, and 1505 W 3rd St.
The working title of the project is Parcel 1, 2, 3 300/301 Pressler & 1505 W 3rd St.
Two 3,200 square-foot warehouses and a 3,750 square-foot garage stand on Lot 1 and a 9,480 square-foot warehouse used for party bus rentals is on the abutting lot. Several residencies are located on Lot 3.
Donald J. Reese with Riverside Resources owns the property through the entity Pressler RRI, LP.
Reese proposes to construct an apartment building on each lot, with 98-units on Lot 1, 143-units on Lot 2 and 85-units on Lot 3.
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