Leander firm makes $750,000 offer on Marble Falls police building

The new Marble Falls public safety facility, located in the 900 block of Avenue N, is expected to be complete in September. It will house the Marble Falls Police Department. Staff photo by Connie Swinney

The new Marble Falls public safety facility, located in the 900 block of Avenue N, is expected to be complete in September. It will house the Marble Falls Police Department. Staff photo by Connie Swinney

STAFF WRITER CONNIE SWINNEY

MARBLE FALLS — City officials have accepted a $750,000 offer from a Leander real estate firm for the potential purchase of the downtown Marble Falls Police Department building.

On July 18, the Marble Falls City Council approved moving forward with negotiations with Diamante Grezzo Properties, LLC.

On social media, the company describes itself as a “real estate solutions firm that buys and sells properties throughout the greater Austin area.”

Officials said one of the next steps in the potential closing of the deal involves a 45-day feasibility period by the company to determine if the property meets its needs.

The new Marble Falls public safety facility, located in the 900 block of Avenue N, is expected to be complete in September. It will house the Marble Falls Police Department. Staff photo by Connie Swinney
The new Marble Falls public safety facility, located in the 900 block of Avenue N, is expected to be complete in September. It will house the Marble Falls Police Department. Staff photo by Connie Swinney

If finalized, the purchase would include a portion of the parking lot on the north side of the building.

The Marble Falls Police Department will be moving its operations to the new public safety building in the 900 block of Avenue N next to the Marble Falls Fire Rescue station. Construction is underway and is expected to be complete in September.

connie@thepicayune.com

3 thoughts on “Leander firm makes $750,000 offer on Marble Falls police building

  1. I know it’s a big building but I hate that no retail store is going in the space. @ 2 Real Estate offices in our downtown area is not my ideal scenario.

    1. Where does it say that the real estate firm is moving their own offices into this building? This Leander-based company “buys and sells properties throughout the greater Austin area.” That tells me that they’re buying it and are either planning to sell it immediately to a developer or redevelop it themselves and then sell or lease it. I would be very surprised if they planned on moving from Leander to Marble Falls.

      1. In principle, I definitely agree with you. Let’s leave Main Street for retail and restaurants. I would not be opposed to more offices (or even apartments), however, so long as they had a retail component on the ground floor.

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