According to this article in the Community Impact Newspaper (Lake Travis/Westlake Edition), v 5 issue 11, written by Leslee Bassman, land for first class office space along 360 is almost used up, and thet development is moving west to Bee Cave and 620.
The Marshall tract development is briefly mentioned:
"The last parcel along Capital of Texas Hwy. destined for commercial development—known as the Marshall Tract—lies within Lost Creek. Community residents are concerned about the effect of an office project on the surrounding residential neighborhood, Lost Creek Neighborhood Association president Jennifer Lamm said.
Cousins Properties purchased the Marshall Tract—a 37.25-acre parcel located at 1300 Lost Creek Blvd., Austin—to develop into an office complex, parking garage and possibly a fire station or senior living center, Senior Vice President Tim Hendricks said. The project is not in the permit stage yet, but a development assessment report was presented to Austin City Council on Nov. 20.
The height of the two proposed buildings will be about 100 feet for one and 74 feet for the other, Hendricks said.
“The proposed [project] would significantly impact the longstanding character of our neighborhood,” Lamm said."
Several comments. Is the land "destined for commercial development"? There are more reasons why the land should not be commercially developed then there are supporting it's commercial development.
Has the land been purchased? My understanding was that the contract was pending a rezoning of the land from SF-2 to a PUD.
And, lastly, in my opinion, we should be stating our opposition to the project more affirmatively. We do not want that land developed commercially!
Read article here.
