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Town Lake Park, Phase ISummaryIn November 1998, Austin voters approved two bond election items for work in the Town Lake Park area. One was to allow the City to lease and convert Palmer Auditorium into the new Long Performing Arts Center and the other was to create the new Community Events Center (CEC). This new Events Center is intended to accommodate some of the events that are displaced by the conversion of Palmer Auditorium and removal of the Coliseum. Once the new Events Center is completed in 2002, the private sector, non profit group, Arts Center Stage will assume control of Palmer Auditorium for conversion into the Long Center. As part of the financing mechanism for the CEC the City of Austin instituted a car rental tax to fund retirement of the Events Center debt and provide a funding source for development of the park area. The park is defined as an area bounded by Town Lake on the north, South First Street on the east, Barton Springs Road on the south, and Lee Barton Dr. on the west.
Final Illustrative Master Plan
StatusConsultant contract execution with City Council approved team led by TBG Partners.DescriptionGuided by the stakeholders and the public, a Town Lake Park Master Plan was developed. It was then adopted by City Council in July 1999. The Park Master Plan calls for a series of six park "Rooms" to be developed in phases. The tax source must build up a level of funding required for each of the subsequent phases before they can be implemented. Phase I will be the development of the Cultural Landscape area. This is the area surrounding the new Community Events Center. Council has committed a total amount of $10.8M for the first two phases that is to be available within three years of the adoption of the master plan. Funding for phase I in the amount of $3.4M has already been made available. Once the first phase construction is completed in 2002, the design for phase II would then begin.Basic DataRevised February 23, 2000 Back to the January 2000 Contents |
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