News Ticker

Closed recycling center in downtown Austin to be developed by 70 Rainey developer

Downtown lot sale could be signs of new high-rise.

Downtown recycling site at 707 E. 9th street.

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.

Downtown recycling site at 707 E. 9th street.

Downtown recycling site at 707 E. 9th street.

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.

About Gregg Klar (388 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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: