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Austin: Mixed Use Development Proposed Adjacent to Austin FC Q2 Stadium

Featured Photo: A street view of the proposed site off Burnet Road with the soccer stadium in the background during March. Image: Google Streets/VBX Graphic

by Art Benavidez

Austin (Travis County) — City Council postponed a rezoning request on a mixed use development adjacent to the Austin FC Q2 Stadium, at last week’s city council meeting.

The postponement was due to the city’s revised approach to citizen communications that would allow for both in person and call-in speakers on several zoning public hearings.

The developer is proposing to convert 6.22 acres from community mixed use sub-district (CMU-NBG) to (CMU) gateway zone sub-district zoning.

Their desired mixed-use strategy would bring about 386,000 square-feet of office space, 33,900 square-feet of retail, a 160-key hotel and 280 multifamily units.

The property consists of five lots on Burnet Road. Their address numbers are 10401 1/2, 10431, 10435, 10505 and 10509.

The CMU gateway zone sub-district would allow for an Floor-to-Area (FAR) of 8:1 and a maximum building height of up to 308 feet as opposed to the CMU sub-district which allows an FAR of 3:1 and a maximum building height of up to 180 feet, with development bonuses.

Council staff is recommending the rezoning, according to city documents.

Aerial view of the site by the City of Austin.

The proposed project, Verde Square, will be co-developed by Ironwood and Karlin Real Estate and expected to commence in late 2022.

Austin FC owner Jay Anthony Precourt Jr. owns the property through the entity 27 Real Estate Ventures, L.P.

The site is located over an urban watershed, which does not require an impervious cover limit.

Standard landscaping and tree protection will be required in accordance with the city’s land development code and parkland dedication will be required at the time of site plan.

The city is scheduled to hear the case at its Oct. 14 meeting.

VBX Project ID: 2021-709F


art@virtualbx.com

Site work on the property leading to Q2 Stadium in March. Image: Google Streets.

Construction Preview
By |2021-10-06T16:10:27-05:00October 6th, 2021|Construction Preview, Feature Story|

About the Author:

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.

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