Realty group has plans for new retail space to replace 40-year-old abandoned strip mall in East Austin

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Realty group has plans for new retail space to replace 40-year-old abandoned strip mall in East Austin
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An Austin realty group wants to breathe new life into a property that's been sitting abandoned in East Austin for about 40 years.

CLD Realty, the current owners of the property, said the half-built structure was meant to be a retail space, but it was never completed.AUSTIN, Texas — If you drove down the intersection of US 183 and East Martin Luther King Jr. Boulevard right now, you’d see a couple of gas stations and a Burger King but not much else. Scott lives in a neighborhood near the highway. He said there aren’t really any commercial stores nearby.

Scott said he doesn't know what the half-built building was supposed to be – but CLD Realty President Sean Murphy does. He said his company, a commercial real estate firm, wants to breathe new life into the property. Murphy said CLD Realty bought the property in 2020 from the previous owners, Morning Star Projects LLC. The group saw the potential past the graffiti and tattered roof.

Murphy said CLD Realty is very close to getting its site development permit from the city. Demolition of the current structure is set to be done within the next two months. Harper-Madison said that through a partnership between the Austin City Council and Travis County commissioners, they’ve created a Northeast Planning District that aims to bring community-centric development projects to the area that neighbors and stakeholders can enjoy. You can read her full statement below:

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