United States Procurement News Notice - 49643


Procurement News Notice

PNN 49643
Work Detail On September 21, the Austin City Council gave its final approval for the $1 billion Brodie Oaks Shopping Center redevelopment project. This significant milestone follows years of deliberation and planning. The developer successfully secured the essential approvals to reshape the zoning regulations, paving the way for a remarkable transformation of the area at 4040 South Lamar Boulevard. At the helm of this transformative endeavor is the partnership between Barshop & Oles and Lionstone Investments from Houston. Their vision is to convert the sprawling 38-acre site into a nine-building complex, potentially featuring a towering structure reaching as high as 25 stories. Council Member Leslie Pool commended the Brodie Oaks Shopping Center redevelopment project, highlighting its multifaceted benefits. She remarked, “In my opinion, Brodie Oaks sets the bar for future planned unit developments going forward. It provides affordable housing, parkland, and contributes to environmental goals.” Upon completion, this ambitious initiative is poised to offer 1,700 residential units. A substantial 200-room hotel, extensive office space, and a vibrant ground-floor area for shops and restaurants. Notably, approximately 200 of these residential units will be designated for individuals in need of affordable housing. Planned
Country United States , Northern America
Industry Construction
Entry Date 27 Sep 2023
Source https://constructionreviewonline.com/construction-news/usa/austin-council-approves-1b-brodie-oaks-redevelopment-project/

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