Portion of an article from the Austin American-Statesman discussing Block 21
Quote
"There are four major constraints to developing any land in downtown Austin: the Capitol view corridor, having a historic building on the block, having any other height limitation . . . or having an alleyway through the middle of it," Wynn said.
"Of the 120 blocks in downtown Austin, there's one that has none of those constraints, that's Block 21."
"More is more," Wynn said. "More uses and more square footage and more vibrancy of each of those uses."
He was talking about plans for Block 21, but he may as well have been describing the entire area within blocks of the river and west of Congress Avenue.
City planners and observers envision a vibrant retail corridor along Second Street terminating at the water treatment plant. They imagine cultural institutions such as the Texas Music Hall of Fame or the Austin Museum of Art at each end of the walkable axis stretching from Seaholm to Block 21. And they see the glue of the Lance Armstrong Bikeway and rail from Seaholm to the Austin Convention Center holding it together.
Details about Stratus Properties proposal:
L-shaped building; 5 stories on one side, 15 stories on the other
75 apartments and 100 condos
50,000 sf ground floor retail
180,000 sf of office space
parking above and below grade
small public plaza at Second & Lavaca Streets
roof-top terrace on the lower portion of the building

West view on Second St.

Site Plan

The city will now begin negotiations on a contract with Stratus Properties involving financial terms, construction schedule, and design changes. These issues must be resolved before passing a final vote. Stratus bid $15 million for the property, but said they will only pay $10 million if the project included a home for a nonprofit arts organization, such as a museum.
The other finalist were:
AMLI/Endeavor - 28 story tower

Zydeco Development Corp. - two 25 story towers


















