Austin Upzones Rosedale School Site for 435 Units as $26MM OHT Partners Deal Hinges on 1938 Covenant

Austin City Council has cleared the way for a 435-unit, 75-foot multifamily project on Austin ISD's shuttered Rosedale School campus, but a 1938 deed covenant now before a Travis County judge, not the zoning map, will decide whether OHT Partners' roughly $26 million purchase ever closes.