CWS Threat Level Reduced to Yellow
An Austin Business Journal article last Friday assuaged some of our fears about the hike-and-bike trail gap. The article isn't 100% clear on the point, but it sounds like CWS Capital Partners is not going to rebuild the existing structures even if the variance they are seeking is not granted. According to the ABJ, Greg Miller, a VP at CWS, said if the variance is not granted CWS will build one big tower instead of three smaller towers. Also, no variance would mean CWS would not pay for the trail extension.
The city will probably build a boardwalk over some part of the gap whether CWS lets them build the trail on their property or not, partly in order to avoid having to negotiate with other developers. Even without property ownership/setback issues, the terrain just west of (and under) I-35 would probably require a boardwalk. Our beloved mayor is working with private sources to arrange funding. If you want to hear more about the CWS plan, the Planning Commission will hear their variance request at their meeting tomorrow night.
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