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Council makes way for apartments at former Austin dealershipCouncil makes way for apartments at former Austin dealershiphttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=208512018-08-16T05:00:00Z2018-08-17T00:00:00Z

​​​​​The old Honda dealership.​AUSTIN – The old Honda dealership at 1301 W. Koenig Ln.​​ will soon be redeveloped as The Pearl, a four-story, 383-unit multifamily complex​.

City Council approved flood plain variances in August 2018 that will allow for construction to begin within the 25- and 100-year flood plains of the Grover Tributary of Shoal Creek.

City documents show the property will consist of about 338,000 sf across two parcels totaling 5.4 acres.

According to the A​ustin Business Journal, Ledcor Group will develop the $48 million project.
Local Media
Austin-Round Rock
Multifamily
https://www.austinmonitor.com/stories/whispers/council-oks-variances-for-honda-site/

​See also: Austin approves building apartments at old Honda dealership in floodplain; next step is a site plan (Austin Business Journal)

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