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ACC to buy 32 acres at Highland Mall for $14.6 million
Source: AMERICAN-STATESMAN STAFF, by Ralph K.M. Haurwitz
Austin Community College has agreed to purchase 32.2 acres at Highland Mall, including the land on which the core of the mall is situated, for $14.6 million, officials disclosed Thursday evening. April 08, 2011 The acquisition is expected to close in mid-May and, along with two earlier purchases at the site, would bring ACC's investment in Highland Mall property to $25 million. The college would own 63.5 acres at Highland, 79 percent of the Central Austin site.
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