The Austin City Council approved Aspen Heights Partners’ proposal to redevelop the city-owned HealthSouth tract, a key step forward for a project that will bring 232 units of affordable housing and various other community benefits to Downtown Austin.
The Austin-based developer, which will partner with Capital A Housing and The NHP Foundation on the development, has been selected to build the multi-tower, mixed-income complex. The mixed-use residential development will take up almost the entire block bounded by 12th Street, Red River, a new 13th Street and Sabine Street, including all of the old HealthSouth hospital site. It will have two towers built atop a six-story podium with a 30,000-square-foot public plaza with green space, water features, an 18,000-square-foot local restaurant food-hall/business-incubator, and views of the Capitol, Waterloo Greenway and downtown. There also will be an on-site music venue with below-market-rate rents.
The residential towers wil
