Another business hub may rise near airport "Plans are in the works for a large mixed-use development in Southeast Austin, just off state highways 71 and 130. Austin-based Stoneridge Capital Partners Ltd. intends to develop the project, known as Colorado Bend. Recent state and city filings call for the development to include a large industrial project, while a Dec. 2021 form filed with the Travis County Clerk’s office indicates plans to transform the site into a much larger mixed-use project." (Cody Baird, Austin Business Journal)
TxDOT announces preferred plan for $4.5B I-35 widening project "On Jan. 4, the Texas Department of Transportation released its preferred alternative for the I-35 Capital Express Central Project—an endeavor that would widen 8 miles of I-35 in the heart of Austin.The project has faced months of criticism from community members and officials over its significantly expanded footprint and number of homes and businesses that would be displaced in earlier proposals. The favored plan—known as Modified-Build Alternative 3—reduces the amount of land that would be seized." (Katy McAfee and Darcy Sprague, Community Impact)
Zoning changes show downtown northwest quadrant changing "With its collection of mostly historic homes-turned-offices, downtown’s northwest corner can often feel like a ghost town, at least compared to the rest of downtown. But a flurry of development activity over the past two years is set to make the area much livelier. According to a review of zoning requests and other development filings, over a dozen projects ranging from small-scale residential and offices to 30-plus-story towers are in the works or were recently completed in an area of just over half a square mile." (Jonathan Lee, Austin Monitor)
Multimillion-dollar 58-acre site on Lake Travis set to be sold at auction "A Florida-based developer, designer and manufacturer of modular structures said it will hold an online auction of a 58-acre waterfront property in Lago Vista that is ready for development. Safe & Green Holdings Corp. said the property on Lake Travis has approval to support 200-plus multifamily rental units, an amenities package, a hospitality project and a 40-boat slip marina." (Kara Carlson, Austin American-Statesman)
Apple to build even more at Austin campus "The second phase of construction at Apple Inc.’s Northwest Austin campus shows no sign of slowing down as the tech titan files to raise yet another building on the property. ... The latest construction filing is for a project known as Capstone Phase Two AC09. The scope of the work is for a new, 203,941-square-foot, four-story building core and shell. The project carries an estimated cost of $120 million." (Cody Baird, Austin Business Journal)
