The University of Texas is building a new
system headquarters on property it owns in Downtown Austin on the southern half of the block located at the northwest corner of West 7th & Colorado Streets. The university also owns the full block to the south where its current 9-story administration offices are located. Once the new building across the street is complete and occupied, the old building, adjacent parking garage and adjacent Claudia-Taylor Hall will be either leased or redeveloped. There are no height restrictions on the block.
http://www.bizjournals.com/austin/bl...transform.html
Quote:
UT seeks developers' brainpower to help transform downtown block
Jul 29, 2015, 7:59am CDT
The University of Texas is asking developers for their ideas on how to transform an entire block of downtown Austin real estate.
The property in question is known as Block 71 and is bordered by West Seventh, Colorado, West Sixth and Lavaca streets. Its total size is 1.6 acres.
Developers are being asked to include their vision for the property as part of UT’s request for qualification process. The RFQ will need a basic outline of the concept with ideas, which could include a mix of residential, offices and retail, along with background on the submitting company’s history of commercial and development projects that show they would be able to follow through.
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