Austin Business Journal, April 21, 2014
Michael Theiss
Cousins Properties Inc. has discussed purchasing 38 acres of the Marshall tract on Lost Creek Boulevard in West Austin, according to a report in the Austin American-Statesman.
The disclosure of the Atlanta-based development company's interest in the tract came during statements made at a recent meeting of the Lost Creek Municipal Utility District, but the report notes that the developer has yet to file for any building permits on the tract.
Utility district officials said Cousins developers hope to transform the tract into an office park. There is also the possibility that a portion of the land could be sold again to make way for an assisted-living center.
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