For about a year, a small mystery existed regarding the future of one of the most famous buildings in Austin. It began in 2015 when the Cox family purchased the Austin-American Statesman building, a property on Congress Ave, just south of Lady Bird Lake. Anyone who has been to the Congress Ave Bridge to view the bats coming out at dusk has seen the nondescript building just south of the knoll where many stand to view the iconic Austin bats.
The intriguing thing about this purchase, and perhaps why it drove so much curiosity, was the fact that the Cox family has owned the publication since 1976.
Speculations quickly began among local real estate companies in 2015 about whether this expensive property was soon to return to the market. Recently, some…
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