Aug 17, 2018
Council makes way for apartments at former Austin 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...
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 Austin Business Journal, Ledcor Group will develop the $48 million project.
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