City officials and developers announce new downtown projects

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AUSTIN (KXAN) — City officials and developers announced a string of new projects around downtown Austin at a luncheon Tuesday. The Real Estate Council of Austin met for their monthly ideas forum featuring the development around the Shoal Creek and Seaholm area. This is one of the largest public/private partnerships in the city’s history.

Seated at the luncheon panel were Ted Siff with the Shoal Creek Conservancy, Fred Evins with the City of Austin, Adam Nims with Trammel Crow Company, Perry Lorenz with Constructive Ventures and John Rosato with Southwest Strategies Group, Inc.

Each of these representatives announced a number of projects currently underway, including the 2nd Street bridge over Shoal Creek that will connect the roadway to the newly-developed Seaholm area. The Seaholm Substation art wall, the new central library, and several office and residential buildings were topics of discussion, including a 400-unit condo and office building that is poised to the be tallest building in Austin.

“This has been part of the city’s vision since the 1990s,” said Fred Evins, redevelopment project manager with the City of Austin. “We want to turn downtown back into a 24-hour downtown where people live as well as work, play, and shop. A place where it isn’t just an employment center, and it isn’t just a bar district but an area that does become a 24-hour neighborhood again.

“We’re creating the densest area of residential housing in Austin,” Evins added. “But what’s most important is we’re taking this area that had been neglected and cut off from downtown and really returning it to be part of downtown, and enhance and add to the vibrancy of downtown.”

The Real Estate Council of Austin consists of more than 1,600 members who work in the commercial real estate industry as developers, engineers, architects, landscape designers, title agents, and brokers. RECA is an advocacy organization for the Central Texas commercial real estate industry that provides networking for commercial real estate professionals, and advocacy for sustainable communities.

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