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Austin's Garza tract brings $20.6MAustin's Garza tract brings $20.6Mhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=140962016-08-14T05:00:00Z2016-08-14T16:00:00Z

​AUSTIN - Brandywine Realty Trust finalized the purchase of the Garza tract—one of the last large remaining infill sites in southwest Austin. 

The purchase price for the 34.6-acre s​ite was $20.6 million.

Located near South MoPac and William Cannon Dr., the vacant land has been in play for at least 13 years.​

Last year, Austin City Council finally approved conditions for impervious cover and traffic counts that were acceptable to both sides, Brandywine officials said.

 A 9.5-acre parcel is under contract to two independent developers—one that will develop residential units and one that will build a hotel. ​

Austin Business Journal
Austin-Round Rock
Land
http://www.bizjournals.com/austin/news/2016/07/28/real-estate-roundup-brandywine-closes-on-major.htmlRead more at {Source}

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