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Jan 17, 2019

The new bid on the Block 87

​​​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...
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by
Austin Business Journal

​​​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.

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Written by
Austin Business Journal
Last updated
Mar 28, 2024

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