This prime development tract situated in the heart of downtown Austin is less than half a mile from the Texas State Capital, Waterloo Park, Dell Seaton Medical Center, and the University of Texas. Eligible for the Downtown Density Bonus Program, the site allows for a Max Floor Area Ratio of 15:1 and a max height of 400’. The existing 7,338 SF office building is in excellent condition and can continue to be occupied until redevelopment.