AUSTIN – The William P. Hobby, Jr. State Office Building will be redeveloped to include housing for working-class Austinites “who simply cannot afford to live near where they work,” Texas Land Commissioner Dawn Buckingham said.
The mixed-use development at 333 Guadalupe St. will include workforce housing, child care, parking, and retail space.
Mayor Kirk Watson said the centralized location of the redevelopment site will increase mobility for state employees and people who work throughout the city. The complex will be along the planned route for the Project Connect light rail.
Prospective investors have 90 days to submit proposals for the redevelopment, officials said. Proposals will be due Nov. 13.
The Texas General Land Office will then go through the proposals and recommend the best ones to the Texas School Land Board, which will make the final decision.