Austin Council Gives Early Nod To Hotel Zaza Project

Law360, New York (February 15, 2013, 5:09 PM ET) -- The Austin, Texas, City Council gave an initial approval Thursday to a controversial 24-story mixed-use project that will include apartments and a Hotel Zaza, after the developer agreed to some eleventh-hour concessions with community members

The council on first reading awarded the project a zoning change that will allow for the tower to be built on lot currently zoned industrial, but refused to waive off additional readings so further discussions on the project's community benefits could take place. A unit of Atlanta-based Gables Residential is spearheading...
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