Pole Yard Residential Development
Summary
The Austin City Council has identified housing as a priority for downtown development. They have directed City staff to study the feasibility of a public-private partnership with Post Apartment Homes, L.P., for residential development at the Pole Yard site owned by the City's Electric Utility Department (see map).
Status
Post Apartment Homes has been evaluating the development potential of the site, and is preparing preliminary concept plans. City staff is currently working with Post to develop a letter of intent.
Description
On November 6 the City Council approved a resolution directing the City Manager to study the feasibility of entering into a letter of intent with Post for the construction of a residential project at the Pole Yard site owned by the City's electric Utility Department.
The Electric Utility Department has prepared a report identifying remediation efforts necessary for the reuse of the site. The Watershed Protection Department has committed to funding some erosion control improvement to Shoal Creek in the area, and the Parks and Recreation Department has some ISTEA funding for trail repairs and improvements.
Basic Data
- Project Contact: Michael Knox, Senior Planner, Planning, Environmental and Conservation Services Department, 499-6418
Revised February 20, 1998
Back to the January 1998 Contents
|
