AUSTIN-Stratus Properties Inc. moved a step closer to putting a southwest Austin development in motion with a city council vote Thursday. The council gave its first approval to the 1,235-acre project of homes, offices and retail in the Circle C development.

The council’s 6-1 vote came after several hours of public comment and council debate. Council limited speakers to three minutes each as well as the head count inside its chambers, but set up viewing screens in another room and outside.

Under the agreement approved Thursday, Stratus may develop 750,000 sf of office space, 250,000 sf of retail space, 830 single-family homes and 900 multifamily units on 1,235 acres. That is significantly less than what Stratus says it can build under state law in effect when the project was first proposed in the 1980s. The deal still faces two more council votes and probably more hearings before it is finalized.

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