YNN Austin – New development drives longtime tenants out

Some tenants of a southeast Austin apartment complex will have to move out and make way for a new housing development.

Grayco owns several apartment complexes by East Riverside near Lady Bird Lake. Last month, people living at the Shoreline complex received a notice saying they had until August 19 to move out.

In 2009, a city ordinance allowed Grayco to develop a new commercial residential housing unit, but the city said the company must first help current residents find new places to live by distributing $90,000 among them.

To read the entire article and watch the news broadcast, click here.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s