AUSTIN – The city council has approved a resolution establishing new design standards that will allow for buildings to reach a height of 140 ft on a portion of the historic district between Sabine and Neches Streets, encompassing the 500 and 600 blocks of Sixth St.
This allows Stream Realty Partners LP to move forward with plans to transform the nightlife hangout at Sixth St. into more of a mixed-use district. Stream currently owns about 40 properties along Sixth St.
Local design firm Clayton Korte is partnering with Stream on the project. Together, they aim to create a more pedestrian-friendly environment that will bring residential and retail space to the nightlife-focused strip.
On the 500 block, the developer wants to construct a 150- to 160-room hotel that will rise more than 70 ft, over five floors. On the 600 block, Stream plans to build a 122-ft residential tower, which would likely be ten or more floors.
Other plans include expanding sidewalks for more outdoor dining space, a potential music venue, and other attractions while upholding the historic integrity of the district.