Development
BY HALEY MCLEOD & BEN THOMPSON
TravCo partners with Austin Habitat Travis County commissioners awarded $1.9 million to Austin Habitat for Humanity on Jan. 28. The funding will go toward the construction of 48 new homes in the eastern Travis County intended for low- to moder- ate-income families. The single-family homes will be three- and four-bedrooms, starting at $230,000 for fam- ilies earning up to 80% of the annual median income, or $97,800 for a family of four.
New South Lamar housing, retail proposed The 2700 and 2800 S. Lamar Blvd. blocks in South Austin could look a little di erent in coming years, as developers look to construct an eight- and six-story building in place of the aban- doned Goodwill and duplexes currently onsite. The details The mixed-use project is making its way through the city’s permitting process awaiting site plan approval. According to site plans, there are two buildings being proposed. The rst building at 2700 S. Lamar Blvd. will be 8 stories and consist of 399 apartment units totaling 97,215 square feet. The second building at 2800 S. Lamar Blvd will be 6 stories and consist of 19,640 square feet of o ce space and 4,480 square feet of retail. The roughly ve acres of property at 2700 and 2800 S. Lamar Boulevard, referred to as the SoLa
DB90 zoning designation SoLa Mixed Use project
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Mixed Use project, is owned by investment rm Seamless Capital LP. Part of the site received approval for DB90 rezoning back in August, which grants addi- tional height in exchange for income-restricted housing. The multifamily building will provide a mini- mum of 10% of units for workforce housing up to 80% median income for the area, or $97,800 for a family of four.
“This partnership will result in life changing investments for families in the historically underserved Eastern Crescent. ...” TRAVIS COUNTY COMMISSIONER JEFF TRAVILLION
Music venue OK’d in 109-acre Riverside development Plans to feature a music venue in the mixed- use River Park mixed-use just east of Oracle’s Riverside headquarters were approved by Austin’s Planning Commission in December. The big picture
Music venue
More than 10 million square feet of housing, hotels, o ces, and commercial space are included in the planned development from Partners Group and Texas-based Presidium. River Park will also feature about 30 acres of parks, trails and open space along Country Club Creek and Roy G. Guerrero Colorado River Metro Park. The development team has yet to announce a formal timeline for construction.
The 109-acre River Park will transform several blocks o East Riverside Drive and South Pleasant Valley Road.
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