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Aug 14, 2016

Austin’s Garza tract brings $20.6M

​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...
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by
Austin Business Journal

​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. ​

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Written by
Austin Business Journal
Last updated
Mar 28, 2024

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