1800 E Martin Luther King Jr Blvd Austin, TX 78702

Located in Austin's MLK transit corridor, this property offers convenient access to downtown and the University of Texas. The site is positioned to support a building height of up to 60 feet, allowing for over 20,000 square feet of rentable space. The property is suitable for a mixed-use development, with potential for retail or restaurant space on the first floor and residential units on the upper floors. Utilizing Austin's Affordability Unlock, only 10% of the units need to be designated as affordable. The residential component could accommodate over 17,000 square feet, with 24 or more units, ideally configured as studios, one-bedroom, and two-bedroom units. The first floor can support over 3,000 square feet of retail or restaurant space. Onsite parking is only required for ADA compliance. The flat lot has no significant tree issues, facilitating easy construction. The south end of the lot offers views of downtown, especially from the upper floors. MLK is a designated transit corridor with four lanes and a planned 20-foot widening, featuring five bus stops within one block. The property is within walking distance to the UT Austin campus, three hospitals, and the Dell Medical School, and is located three blocks east of UT's eastern parking lot. The surrounding neighborhood includes daily needs businesses such as Sour Duck Bakery & Restaurant, JuiceLand, Shell, Austin Daily Press, and the Wheel & Monarch Liquor. The UT Moody Center is just five blocks away, and the UT McCombs School Of Business is accessible via a short bus ride. The Texas State Capitol Building Complex is a 25-minute walk away, and St. David's Medical Center & Austin Lakes Hospital - Dell Seton Medical Center At The University Of Texas, Blackstock Family Health Center - Central Texas Medical Foundation Brackenridge Hospital - Seton Brain And Spine Institute Dell Children's Medical Center & The Heart Hospital Of Austin are within a half-mile.