Third Man Development plans to rehab 4914 Daggett dubbed Kings Hill into 48,000 square feet of office space, 175 parking spaces, and a 3,000 sf courtyard. Building acquisition $2M, construction cost $10M. Board Bill 125 before the Board of Aldermen would grant a 10-year 85% tax abetment with estimated present value of $1.468M. It goes before the LCRA board next week.
Kings Hill is next to the La Collina development in what remains of the Magic Chef factory complex.