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Sixth Street update has an update

Friday, December 2, 2022 by Chad Swiatecki

The much-discussed shake-up and reinvestment of the city’s Sixth Street entertainment district has grown and changed its complexion since this summer when Dallas-based Stream Realty Partners revealed its plans for the segment of downtown commonly referred to as “Dirty Sixth.” Austin Business Journal reports that Stream’s holdings now total more than 40 parcels – up from just over 30 this summer – and that the company is considering adding multifamily residential units to some of the reconstruction sites. In meetings with assorted city commissions throughout the summer and fall, Stream representatives said they were only planning on building a boutique hotel and office building in parcels concentrated on the north side of the street where it crosses Red River Street. The possibility of adding residential uses to the district would hedge the $500 million to $750 million project somewhat against a substantial downturn in the market for office space in recent months. The Historic Landmark Commission is the next city entity needed to give approval for some of the reconstruction to move forward, though a date for that request and vote has not been finalized.

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