Also known as Graffiti park is still standing at the top of 12th street near Lamar. Against all odds (and news) of its relocation at the beginning of the year, the structure is still there for you to visit. The area will be demolished to build apartments and will be relocated to a bigger place in east Austin. There is no definitive date yet so visit while you can.
We recommend visiting on a dry clear day. It's not the easiest to get around, but it is worth it. You can climb all the way to the top to enjoy the great view of the Austin Skyline. While you do so, enjoy the local graffiti artists. They are always changing so snap a pic to save your memories.