The Alamo was a low-cost high rise hotel in downtown Austin. It housed many homeless and low-income people. When Lamar Savings & Loan president Stanley Adams ordered the Alamo torn down in 1984 to make way for a new Lamar headquarters, Brother Tony Hearn, a homeless advocate, poured animal blood around the building and pronounced a curse of unprofitability. He rescinded it in 1986; nonetheless, since then, Lamar has failed and been taken over by the federal government, and Adams has been convicted of S&L crimes and is facing prison. Grass is growing high on the still-vacant tract.
Northwest corner, 6th & Guadalupe
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