The new bid on the Block 87The new bid on the Block 87https://www.recenter.tamu.edu/news/newstalk-texas/?Item=217672019-01-14T06:00:00Z2019-01-17T00:00:00Z

​​​Rendering of a potential configuration for a mixed-use project.AUSTIN – Cielo Property Group has purchased an undeveloped downtown lot from the Episcopal Church.

The 13-parcel, 1.6-acre site is on Block 87, bound by Neches, Trinity, Seventh, and Eighth Streets.

Travis Central Appraisal District records show the full block is  appraised at nearly $12.7 million.

Work will start on a mixed-use development on the land in January 2020.

Austin Business Journal
Austin-Round Rock
https://www.bizjournals.com/austin/news/2019/01/14/austin-developer-buys-prime-downtown-site-from.htmlRead more at {Source}

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