Austin: Local Real Estate Developer Planning Multi-Story Apartment-Retail Project
Feature Photo: Street view of the proposed site for the vertical mixed-use project. Image: Google Streets.
by Art Benavidez
Austin (Travis County) — A local real estate developer received rezoning for a proposed vertical mixed-use project during Tuesday’s meeting of the Planning Commission.
The 4.70-acre property will convert from community commercial (GR) to community commercial-mixed use-vertical (GR-MU-V) zoning.
Christopher Affinito with Urban ATX Development LLC is the developer of the project, which has the working title Springdale Road Residences.
Aerial view of site from City of Austin.
If Springdale Road Residences utilizes the density bonus under vertical zoning, the project will be required to provide 10% of its unit as 80% of the median family income.
In addition, the site would require that at least 75% of the building frontage along the principal street be designed for commercial uses on the ground floor level. Without the vertical zoning, the site would not require a mix of residential and commercial use.
The site comprises five undeveloped lots in central east Austin with the physical addresses of 5800, 5900, 5920 and 6000 Springdale Road.
The rezoning would add market rate and “affordable” multifamily housing options in an area that currently has single family and townhouse condominium residences, according to city documents.
The number of units, along with ground floor square footage has yet to be released.
The GR-MU-V zoning will require parkland dedication at the time of subdivision or site plan per city code.
Art Benavidez (Construction News Reporter, Central Texas) is a seasoned journalist with over 15-years of experience in writing breaking news and in-depth features at the local level. He honed his research and reporting skills in newspapers and magazines throughout South and West Texas along with expertise in crafting digital content as Managing Editor of New Image Marketing Research Corporation. Benevidez is a Texas native and graduate of UT-RGV.