AUSTIN-With a middle course rejected, Lumbermen’s Investment Corp. is taking another look at plans for its mixed-use development on the banks of Austin’s centerpiece waterway, Town Lake.

The Austin City Council Thursday denied a zoning change that would have allowed Lumbermen’s to build a 180-foot-tall building on the 4.5 acres as part of a development that would include retail, office and residential space. In that plan, the 180-foot building would have been set back in the northwest corner of the property with the rest of the structures stair-stepped to lower heights with the shortest buildings closest to the lake.

The property is at the northeast corner of Cesar Chavez Street and Lamar Boulevard and just west of the former Seaholm Power Plant, which is to be renovated into a museum.The four council members voting against the zoning change cited the comments of environmentalists that such a tall building is inappropriate for the location.

One path for Lumbermen’s is to build a 220-foot-tall tower, which is allowed under the property’s current zoning. That zoning was approved about 10 years ago. Or, it could construct buildings of similar size. A Lumbermen’s representative, presenting models of the options to the council, called the latter design reminiscent of a Soviet-style development.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.