Development
BY BEN THOMPSON
Development plans set around transit hub New city guidelines could reshape portions of several neighborhoods around the South Congress Transit Center off Hwy. 290. What’s happening New blueprints for areas near dozens of Austin bus stops and proposed light rail stations are being planned under the city’s transit-oriented develop- ment policies. Austin and Capital Metro have partnered on an initiative targeting properties near the North Lamar and South Congress transit centers. Changes to several nearby neighborhood plans to guide future development there were set to be approved after press time May 22. Zooming in The South Congress Transit Center station area updates cover dozens of properties roughly
Housing project earns bond dollars Bailey at Stassney, a planned 104-unit income-restricted apartment complex, will receive a $5.6 million development loan from the city’s 2022 housing bond dollars. The details The $30.36 million project from developer National CORE is located at 400-404 W. Stassney Lane. It’s expected to open in 2027 with studio and one-bedroom units avail- able to tenants earning at or below 30%, 50% and 60% of the local median family income, including 26 permanent supportive housing units for people exiting homelessness backed by city housing vouchers. National CORE is also building the Bailey at Berkman affordable project in Northeast Austin, with the same unit count including supportive housing.
New zoning
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Mixed-use industrial/ employment
Transit-oriented development mixed use Neighborhood transition
290
W. ST. ELMO RD.
WILLOW SPRINGS RD.
E. ST. ELMO RD.
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within a half-mile of the bus plaza. Changes are meant to bring new community benefits and residents to the car-dependent and developing area, city staff reported, while protecting people at risk of displacement. CapMetro is also looking to redevelop both centers with features like mixed-income housing, public spaces, retail and a revamped bus station planned at its 5-acre South Congress property.
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