Closed recycling center in downtown Austin to be developed by 70 Rainey developer.
Another new high-rise in the works?
Ecology Action of Texas announced in June that the downtown recycling center — at 707 East 9th Street — would close at the end of September.
What’s more interesting for some than the center closing is what could possibly a new tower. We’ll have to wait and see, expect news to break first quarter 2016!
Travis County records indicate the property was sold in May to an entity called Waller Creek Development LLC. The company, according to web searches, was formed in April this year, and is managed by James Hefelfinger of Sackman Enterprises.
Sackman Enterprises is also developing the 70 Rainey condos, which is expected to break ground this fall / winter.
The East 9th Street property is capped by the Capitol View Corridors, but with Sackman staking a claim in Rainey Street, expect something very interesting to come that is complementary to Waller Creek corridor redevelopment.