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Tag Archives: TIRZ
Memo brings questions about affordability, public benefits for Statesman redevelopment
A new memo that forecasts significantly higher costs for affordable housing and other public benefits proposed by the city for the largest development project in the South Central Waterfront has raised a number of questions as the planned unit development…
Planning • By Chad Swiatecki • Jul 22, 2022
Memo says bonds needed to meet affordability goals for waterfront redevelopment
To reach the goal of bringing about 500 units of affordable housing to the South Central Waterfront District, the city would need voters to approve more bond funds, for as much as $60 million. The prospects for planned affordable housing…
Planning • By Chad Swiatecki • May 12, 2022
EDC waiting on TIRZ formation while moving ahead with cultural trust funding proposals
The city’s economic development corporation is moving ahead with evaluating proposals from creative groups vying for some of the $16.9 million in cultural trust funds for creative spaces, but its role in helping manage development south of Lady Bird Lake…
Austin • By Chad Swiatecki • Apr 27, 2022
Council still has many questions about waterfront tax zone
Anyone expecting definitive answers about how the city will pay for improvements for the South Central Waterfront zone after a lengthy discussion at Tuesday’s City Council work session was likely disappointed. At the end of reports from the city’s financial…
Planning • By Jo Clifton • Feb 2, 2022
Featured Collection: Austin Energy 2022 rate case
Austin Energy ramps up outreach for proposed rate changes
Austin Energy has entered the public hearing phase of its base rate review process, following its proposal to raise service costs. The monthslong dialogue with stakeholders and city staff, slated for resolution by City Council in November, has surfaced predictable…
More Headlines for Austin Energy 2022 rate case
Council moves toward creating South Central Waterfront TIRZ
At its final meeting of the year, City Council gave preliminary approval for the South Central Waterfront tax increment reinvestment zone, or TIRZ in city parlance. Council members Leslie Pool and Greg Casar did not participate in the Dec. 20…
Planning • By Jo Clifton • Jan 7, 2022
South Central Waterfront financing plan expected next month
After many years of vision planning and discussions, two major redevelopment projects – the South Central Waterfront and the Colony Park Vision Plan in Northeast Austin – are showing some degree of progress in relation to how the projects would…
Planning • By Amy Smith • Nov 19, 2021
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Council to adopt TIRZ, implement full south waterfront plan
The long-delayed South Central Waterfront Plan moved closer to implementation Thursday after City Council initiated a tax increment reinvestment zone to guide the use of new property tax revenue on the south shore of Lady Bird Lake. The TIRZ is…
