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$77M deal in place for World Class-owned site across from Austin Convention Center

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$77M deal in place for World Class-owned site across from Austin Convention Center

High-rise potential has long been seen at this site just south of the Austin Convention Center. Now it’s close to being purchased by an East Coast firm that owns roughly 5.7 million square feet nationwide. It remains to be seen if World Class will oppose the deal, which could set a per-square-foot price record for the city.