- Associated Press - Friday, December 26, 2014

AUSTIN, Texas (AP) - Rising office rent prices in downtown Austin has lawmakers again pushing for two new state buildings after Gov. Rick Perry vetoed those construction plans in 2013.

One proposed 360,000-square-foot addition would be the first new office building in the Capitol complex since 2000. The Texas Facilities Commission says construction would cost $174 million but also get nearly one-fourth of the state’s existing leases in Austin off the books.

Republican state Sen. Kevin Eltife told the Austin American-Statesman (http://bit.ly/1H1U9Pe ) that the plans make sense given escalating rent prices as the Austin economy flourishes.

Perry had cited waiting for a new master Capitol complex plan due in 2016 when he vetoed the construction two years ago. Supporters are now hoping for better luck under Gov.-elect Greg Abbott, who takes office in January.


Information from: Austin American-Statesman, http://www.statesman.com



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