This 275-square-foot headquarters will cost the city $150-million. Located in the Mueller Development, the council has purchased land for the headquarters instead of opting for the usual decision to lease — something council member Alison Alter said will save Austin $30-million over 30 years.
However, the council will need to finance the entire $150-million and thus rates for most Austin Energy customers will rise as a result.
Ground will be broken sometime next year.
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