Austin Council Rejects $90M Boutique Hotel Near Capitol

Law360, New York (January 31, 2013, 10:10 PM EST) -- Bowing to cries from preservationists and office building management competitors, the Austin City Council has killed a proposed $90 million boutique hotel in order to preserve views of the Texas Capitol.

In a unanimous vote, the City Council refused several zoning variances requested by the developer. Opponents to the proposed 28-story hotel and mixed-use project, including building owners Thomas Properties Group Inc. and TS Congress GP Inc., had taken particular issue with the developer's request to halve a 60-foot setback for the building — a move...
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