Demolition of the Frank Erwin Center arena on the University of Texas campus is expected to begin next month, following approval last week from UT leaders to move ahead with the $25 million teardown of the longtime home for both university basketball teams. The vote by the UT Board of Regents also spells the end […]
Innovation Zone
Posted inPlanning
Area leaders hear of economic, community benefits forecast for innovation district
A market analysis of the burgeoning health care innovation district in the northeastern section of downtown forecasts the cluster of businesses could eventually increase property values by an additional $102 million over standard development, and bring the city an estimated $12 million per year in additional property tax revenue. Those were some of the findings […]
Posted inParks
Waller Creek parks system now called Waterloo Greenway
The $250 million system of parks planned for areas surrounding Waller Creek in downtown Austin will be known as the Waterloo Greenway going forward, following a naming ceremony held Wednesday at the headquarters of the conservancy in charge of developing the park system. The name comes after roughly a year of planning to brand the […]
Posted inAustin
New UT arena slated for downtown, but questions linger
A big piece of downtown Austin’s future fell into place on Friday with the announcement that the arena that will replace the Frank Erwin Center will be located close to the current arena on the University of Texas’ eastern border downtown. University of Texas President Greg Fenves told the school’s development board that the new […]