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Environmentalists fight plan for lakeside high rises
Endeavor Real Estate Group

Concept rendering of proposed mixed use development at 305 South Congress

By Daniel Van Oudenaren

New development to reshape South Central Waterfront

When former First Lady Lady Bird Johnson created the Town Lake Beautification Committee in 1971, she hardly could have imagined the scale of the development that would one day take place along the banks of the waterway that would later be renamed for her.

Johnson’s vision for the lake began with a visit to London in 1971 alongside Ann Butler, the wife of then mayor Roy Butler. During a stroll along the Thames Path, a verdant trail in the heart of London, Johnson wondered whether they could create something like it in Austin.

Thus was born the idea for the 10-mile trail that today is named for the Butlers, as well as a pavilion and other amenities. The effort restored vegetation and breathed civic life into Austin’s south shore, which had been an unbuildable, deforested floodplain prior to the construction of Longhorn Dam in 1960. Johnson’s committee “raised funds to plant hundreds of trees along the banks of the lake and spent years beautifying the trail,” according to a 2011 resolution of the City Council.

Lady Bird Johnson and Lyndon Johnson with Austin Mayor Roy Butler at a groundbreaking for a project at Town Lake, December 7, 1971 (Austin History Center)

Today a stretch of that riverbank is at issue in a contested zoning case involving the developer Endeavor Real Estate Group, the Atlanta-based Cox Family—the billionaire owners of the property—and lobby firm Armbrust and Brown, which represents the owners and developer and is a major donor to Austin City Council candidates.

Endeavor is seeking permission from the city to build as many as six high-rises on an 18-acre site next to the Congress Avenue Bridge, featuring ground-floor retail, 1,378 condos or apartments, a 275-room hotel, and 1.5 million square feet of office space.

The plan has stoked the fury of environmental group Save Our Springs Alliance, which sees it as an encroachment on a vital waterway and a giveaway to the developer in the form of fee waivers, infrastructure subsidies, and exemptions from normal parkland requirements.

Click here to read the complete story on The Austin Bulldog.

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Austin rents nearly double in a year and are now in the top 5 nationwide
Dwellsy

While searching for a place to live, Austin renters will face monthly rates of nearly $3,000, a recent guide from rental marketplace Dwellsy shows.

The median rent in August this year was $2,930, a more than 86% increase since August 2021. That’s $820 more than the nationwide median asking rent in August and puts Austin just below the Bay Area, Boston and New York for large cities with the most expensive asking rent.

“Within this group, Austin, TX stands out for the highest increases in asking rent, which has nearly doubled since this time last year,” the study notes.

Outside of those large cities, however, others are seeing even higher rent spikes. Metro areas that ranked above Austin in one-year increases include those like Kansas City, MO with a 112% change in rent since last August and Tucson, AZ with a 124% change.

The data reflects large apartment communities, single-family homes and 2-6 unit buildings.

1923 Lake Austin mansion demolition request pitting preservationists and some neighbors against owner and city preservation office
Austin Monitor

By Jonathan Lee

The Planning Commission was split Tuesday on whether to help save an eclectic lakefront estate from demolition by zoning it historic amid concerns over tax breaks and the likelihood that a previous owner participated in segregation as a business owner.

The property in question, known as the Delisle House, is located at 2002 Scenic Drive in Tarrytown. The main house, with Spanish and Modern influences, was built in 1923 by Raymond Delisle, an optician. A Gothic Revival accessory apartment was built in 1946. The current owner applied to demolish the structures in order to build a new home.'

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