AUSTIN, Texas — Austin's Planning Commission has approved a rezoning request that would allow for the construction of a 90-unit multifamily development near South Congress Avenue, according to a report from the Austin Business Journal (ABJ).
The development would be built on a 2-acre lot on Alpine Road near South Congress that is currently the site of an undeveloped lot and the vacant Veterans of Foreign Wars 856 building.
ABJ reports that the land at 406 E. Alpine Road is just over half an acre and was valued for tax purposes at more than $656,000 in 2022, while the 1.4 acres at the 438 address was valued at $1,252,780.
The rezoning request was previously postponed and then cleared due to concerns about the proposed redevelopment's proximity to the Blunn Creek waterway. The request was also postponed for neighborhood review in November.
An attorney speaking on behalf of the property owners told the ABJ that the site will either be used to produce 90 multifamily units or about 40 townhomes, but given the current environment, the 90 multifamily units are more likely.
He also said the project aims to support "much-needed infill housing in central Austin."
The rezoning request is now scheduled to be considered by the Austin City Council on Feb. 9. If it is approved, construction on the new building is expected to begin in about a year, according to the ABJ.
To learn more, read the ABJ's full report.
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