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Austin: Local Philanthropic Foundation to Develop Headquarters on Dormant Bank Site

Feature Photo: Street view of the bank site that will need to be demolished to make way for the proposed office building. Image: Google Streets.

Posted: 7-28-2021

by Art Benavidez

Austin (Travis County) — A local philanthropic foundation received rezoning for their new office during Tuesday’s meeting of the Planning Commission.

The property converts from neighborhood commercial to general commercial services. 

A 7,329 square-foot office building, formerly a branch bank of Benchmark Bank, stand on the 0.51-acre site and will need to be razed.

The site is located on the northeast corner of North Lamar Boulevard and East Martin Luther King Boulevard intersection at 1901 North Lamar Boulevard in Central Austin.

The Sheth Sangreal Foundation is proposing to construct a 30,000 square-foot building, which would be larger than necessary for the foundation’s current needs but would allow for future expansion.

The foundation currently has a main address out of a residential area in the western portion of the city.

The requested land uses would permit building management to lease space to compatible businesses, until the foundation requires the space. 

The conditional overlay for general commercial services zoning doesn’t allow access to the proposed development from Lamar Boulevard. Access will have to be from an adjacent street or from an adjacent site. The maximum building height would be two stories at 30-feet. 

The foundation and local neighborhood  have agreed that the maximum impervious coverage with the CS-CO-NP zoning will be 85%.

Andrew Geller currently owns the property through the entity Tempe Surf, LLC.

VBX Project ID: 2021-5726


art@virtualbx.com

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By |2021-07-28T16:52:48-05:00July 28th, 2021|Construction Preview, Feature Story|

About the Author:

Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.

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