AUSTIN (KXAN) — A competing proposal submitted to the city on Friday suggests using the McKalla Place venue for mixed-use development instead of a Major League Soccer stadium.
The proposed development called “Our McKalla Station” was submitted by Land Design Studio and Forge Craft Architecture + Design. It would include 2.6 million square feet of office space, 100,000 square feet of retail space, a 250-room hotel and 1500 family units with at least 15 percent of those units designed for affordable housing.
The founder of Land Design Studio, Gary Bellomy, is quoted in a release about the plan saying, “The Precourt proposal does not maximize the value of the property, nor does it fulfill the vision of the North Burnet Gateway TOD, which envisioned a walkable, live-work-shop environment.”
Though the plan does not include a soccer stadium, it does include a youth-sized soccer field, along with urban gardens and open space that would all be developed over eight to 12 years total.
The company’s aim for the district is to have a special purpose that would include collecting taxes to benefit Austin non-profit organizations. Bellomy said non-profits would receive $1 billion over a span of 40 years, $200 million for affordable housing in the first 20 years and more than double that in the next 20 years after.
“Our proposal takes a community-conscious approach that respects neighbors, and prioritizes public wellness and community outreach,” Bellomy said.
View the full proposal here.