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Austin company buys old Lone Star Brewery

SAN ANTONIO – Austin-based AquaLand Development purchased the old Lone Star Brewery on Tuesday.

Mark Smith tells KSAT 12 the company would like to reinvent the old brewery and thinks a mixed-use development with housing, retail and restaurants could be in the site's future.

The brewery was once bustling with tours, a beer garden and a spring-fed swimming pool.

A timeline of future construction has not been released. The sale price was not disclosed.