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Austin: Mixed-Use Building with Affordable Housing Planned in Downtown

Featured Illustration (above) A preliminary conceptual rendering of the proposed mixed-use tower at 701 Trinity St. The building is to contain affordable housing, office, retail and restaurant space. Image: Gensler

Posted: 5-19-20

By Edmond Ortiz
Austin (Travis County)–A multi-story, 578,500-square-foot mixed-use building with an affordable housing component is proposed for construction on a 1.75-acre downtown lot.

Travis County Commissioners Court, acting as the Travis County Housing Finance Corp. board, voted May 19 to approve an agreement for participation in the multifamily portion of the yet-unnamed mixed-use project at 701 Trinity St.

The proposed mixed-use complex is to cover a whole block, currently a parking lot, across from St. David’s Episcopal Church. Image: Google Streets

Cielo Property Group, the developer, is drawing up a 301,500-square-foot multifamily residential space, featuring 376 studio, one-, two- and three-bedroom units.

Approximately 342 of the units will be restricted to households earning between 80% and 140% of the area median income. The rest of the units will be market rate.

The structure would also contain 253,000 square feet of office space, 12,000 square feet of retail space and 12,000 square feet of restaurant space.

Although affordable housing will be provided here, the developer will be the lone source of financing for the entire project.

Cielo purchased the property, currently a parking lot, from the Episcopal Church in early 2019.

Civil and Environmental Consultants (CEC) is the project’s civil engineer. Gensler is the project architect.

Cielo worked with Gensler in early 2019 to produce a conceptual rendering for the mixed-use complex; the image shows podium-style construction.

There is no information on an estimated construction cost, schedule or delivery method.

VBX members may track this project using ID number: 2020-3D90.

St. David’s Episcopal Church, which sits immediately west across from the project site, once planned to build a 67,000-square-foot building on the lot in order to house the church’s historical documents and items.

Cielo is busy elsewhere in downtown, building an office tower at Third and Shoal streets. They also developed the Foundry mixed-use/live-work complexes.

Preliminary site plan for the planned mixed-use tower at 701 Trinity St. Image: CEC


edmond@virtualbx.com

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Construction Preview
By |2020-05-20T10:44:08-05:00May 19th, 2020|Construction Preview, Feature Story|

About the Author:

Edmond Ortiz is a lifelong San Antonian and a 20-plus-year veteran in local journalism, He previously worked full-time at the San Antonio Express-News, and has been freelancing for outlets such as the Rivard Report.

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