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Plan advances to turn HealthSouth site into 2 towers with nearly 1,000 apartments

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Plan advances to turn HealthSouth site into 2 towers with nearly 1,000 apartments

A plan to transform downtown Austin’s old HealthSouth building has taken a significant step forward. City Council approved moving ahead with negotiations for a master development agreement with Aspen Heights Partners LLC. A final agreement could come early next year, and then Aspen Heights could start work on two 37-story towers with 921 apartments — with 25% reserved as affordable housing for those with low incomes. Click through to read more about this project, which has been years in the making.