Developers seeking zoning change for potential downtown mixed-use tower
By Shonda Novak
Developers are seeking a zoning change for a potential office project or an apartment tower that could rise up to 400 feet near the southeast corner of West Fifth and Bowie streets in downtown Austin.
It also is near the 42-story Spring condominiums and 29-story Monarch apartment highrise.
The Austin City Council is scheduled to vote today on the zoning request by developer Perry Lorenz, with Bowie Street Partners Ltd., which owns the property. Lorenz also is one of the developers of the Spring project at Third and Bowie.
The project would include an easement across the site that would allow the city Parks and Recreation Department to close a gap in the hike-and-bike trail along Shoal Creek south of Fifth Street.