Related Cos. is seeking a rezoning from the City of Austin that would allow the company to build nearly 600,000 square feet of office space, 950 residential units, a 225-room hotel and 135,000 square feet of restaurant, grocery and retail space. Related is also seeking a maximum height of 650 feet in the center of the property and 500 feet on the edges of the property. The 6.5-acre site would be near the intersection of South Congress Avenue and East Riverside Drive.
The Austin Business Journal reports the company’s goal of the project is to develop a cluster of buildings that could be used throughout the day.
The site currently contains a two-story office building, a five-story office building, the South Congress Square Apartments and Ego’s karaoke bar.
Assuming Related’s zoning request is approved, its not clear when construction would begin. The company would likely have to spend two years on the site development process, and then identify financing.
Synergy held the official opening of Altitude Worcester, the largest office-to-residential conversion in Massachusetts, with a ribbon cutting ceremony with Juana Matias, the Secretary of the Massachusetts Executive Office of Housing and Livable Communities , and the City of Worcester. The event also marked the completion of 22 Elm St., the adjacent affordable homeownership community Synergy...
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The Massachusetts Bay Transportation Authority (MBTA) has issued a request for qualifications from would-be redevelopers of its downtown Lynn, MA commuter parking garage. It’s the first of a two-step process, to be followed by a request for proposals. The five-story garage opened in 1992 and has been partially closed since 2022 over safety concerns, ItemLive...
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Suncrest Apartments, a 45-unit multifamily community located at 1800 Evergreen Street in Walla Walla, Washington, has sold for $4.3 million. Kidder Mathews Vice President Max Frame of the Simon | Anderson Multifamily Team in Seattle represented the seller, Art Griff, in the transaction. The buyer was Jason Zook. Situated on 1.72 acres, Suncrest Apartments consists...
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