AUSTIN (ABJ) — Plans to demolish a portion of North Austin’s Arboretum Crossing shopping center are in the works to clear the way for redevelopment on part of the site.
Stockdale Capital’s plans are unclear, but they could be big. The 20-acre property falls within the boundaries of what’s known as the North Burnet/Gateway area, where developers can build up to 491 feet, or about 45 stories.
A site plan application for demolition of the retail property, which boasts tenants such as Dave & Buster’s and World Market, has been filed with the city of Austin. The Dave & Buster’s and World Market won’t be demolished, however. World Market and other tenants at the site are exiting the property, according to previous reporting, but Dave & Buster’s won’t be closing or relocating.
Read the full story at the Austin Business Journal.
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