City of Austin to start building Jenga-like skyscraper next month
Twisted News | Dec. 11, 15
Austin is a city championed for being weird. In an effort to further the local development that’s permanently changing the city, Austin city planners have decided to throw something quirky into the mix: a Jenga-like tower known as “The Independent.” According to the existing government agreement, Constructive Ventures, Aspen Heights and CIM Group paid $14.5 million to the city of Austin for the site of the former Austin Energy Center. It’s located on West Third Street and West Avenue, close to the Seaholm and Green Water Treatment Plant redevelopments.
Constructive Ventures has a reputation for building residential condos in Austin. Aspen Heights is another Austin-based company, primarily involved in building student housing across the country. CIM Group, on the other hand, is based in Los Angeles, but has various properties in Austin.