News Ticker

NEW 400 foot tower could rise at 5th and bowie.

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.

About Gregg Klar (398 Articles)
Austin creates an oasis of desirable communities that are touched by the beauty of it's presence. I'm one resident who considers myself fortunate to be a part of the Austin lifestyle. Combining a passion for my work with love for my community, I've earned my place among Austin's leading real estate professionals. I bring to every transaction a personal touch, innovative marketing techniques and in-depth knowledge of today's complex market to ensure your home sale or purchase is a success from start to finish. Put my team of experts to work for you today

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