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North Austin's Tech Ridge is experiencing tremendous job growth and located by Parmer Lane and Interstate 35 to provide Citadel at Tech Ridge residents with access to major employers.
If a deal is consummated, it would likely be the largest leveraged buyout in history as Walgreens Boots has a market value of approximately $56 billion and has nearly $17 billion of debt.
The six-story hotel will sit on 6.8 acres and feature a 25,000-square-foot conference center with a ballroom, full-service restaurant and bar, and a rooftop lounge area.