Stratus properties inc. announces purchase of land and plans to develop block 150 in downtown austin

Austin, texas--(business wire)--stratus properties inc. (nasdaq: strs) (“stratus” or the “company”) today announced its plans for block 150, a proposed luxury high-rise rental project in downtown austin, texas. the site at 12th and san antonio is located just a few blocks west of the texas state capitol in austin. based on preliminary plans, block 150 would be developed as a 400-foot tower, consisting of approximately 420,000 gross square feet with 300 class a luxury multi-family units for leas
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