We've got a packed house today! It's shaping up to be a busy #ATXCouncil meeting where we'll vote on housing, climate, and more!
📄 View the agenda: bit.ly/3CBOTpX
📺 Watch live: bit.ly/ATXNLive
Well done research CONFIRMING Supply 🏘️ and Demand 👨👩👦 work when looking at housing construction and housing affordability….
Rents 💵 decrease by 5-7% where there’s new construction…
#TXLegeresearch.upjohn.org/cgi/viewconten…
At their 04/11 meeting, the Planning Commission approved the density bonus and the zoning change needed for the 684', 57-story 62 East project to move forward. City Council is next. There were some Rainey Neighbor NIMBYs speaking against the project who didn't like the idea of another high-rise in Rainey.
The 62 East tower moved forward at the Monday Design Commission mtg but with no recommendation for a Density Bonus. It will also need a ZC from the CC because it got taller. It's now 684', 57-stories. 1 foot taller than the Austonian. Here's a screen shot of the new height.
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