The city of Austin is ready to find a contractor to redevelop on property it purchased for $6.5 million in 2017.
Sitting on the land is a former rehab facility, located at 1215 Red River St., and adjacent parking garage, located at 606 E. 12th St., that closed in 2016.
The request for proposals (RFP) is due January 16.
The hospital is 88,944 square feet and sits on a 1.38-acre tract, and the garage contains 62 spaces.
The property has been appraised for $36.3 million. Options for contractors that are presented in the RFP include:
This article was originally published by Strategic Partnerships Inc.
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