Something is in the works. The Austin Symphony's rezoning request (to CBD) for their building next to the Velocity site will be heard at next week's Planning Commission meeting, and their site will be part of the Velocity site development. From the back up file:
Quote:
The large tract to the east is the Velocity Credit Union property at 610 E. 11th Street, which
was rezoned to CBD in 2017. The applicant has requested a rezoning to CBD so that they
may redevelop their property and seamlessly combine with the development planned for
Velocity – a mixed use project to include office, multifamily, and hotel uses.
Under the current proposal, the existing office building would be demolished, and one or
more buildings would be built on both tracts. The symphony would then be able to move into
a new building, and have a larger, updated office space.
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http://www.austintexas.gov/edims/document.cfm?id=315917
The Symphony site has two CVCs on it, so not much can be built. But here are the plans for their site. The office space would be the new home of the Symphony. So that's a win for them. There are no specifics about the Velocity site project.