Stratus Secures Apartment Entitlements for 1,000 Units at Circle C Tract 110 as It Liquidates

Austin City Council cleared Stratus Properties to trade a long-stalled office entitlement in Circle C for up to 1,000 apartments on roughly 67 acres along South MoPac, dropping a road-building obligation in the process even as the company liquidates and looks for buyers for its remaining land.