Austin | The Liberty (14th & Lavaca) | 413 Feet | 32 Floors | Proposed

[KevinFromTexas]

AUSTIN
South Texas developer planning office-apartment project near Capitol

By Shonda Novak
AMERICAN-STATESMAN STAFF

Friday, October 09, 2009

A Rio Grande Valley developer wants to build a 12-story mixed-use project with apartments, offices, shops and an upscale restaurant near the Capitol.

Palmco Inc., a builder with offices in Austin and McAllen, is proposing to erect its Capitol Terrace project for the southwest corner of Lavaca and 14th streets. It would have 30 apartments — housing aimed at lobbyists and others with business at the Capitol or state agencies — as well as 61,000 square feet of office space on five floors, said John Donisi, an attorney and partner with Drenner & Golden Stuart Wolff LP.

The law firm is representing Palmco in its request for a variance to local zoning laws to construct a taller building than what city rules allow in the area. As proposed, Capitol Terrace would stand as tall as 163 feet in an area where zoning rules limit building heights to 120 feet.


Jerry Lammers ALAMO ARCHITECTS, INC. The Capitol Terrace project would have 30 apartments —primarily for lobbyists and others with state business — and 61,000 square feet of office space on five floors.

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