Changes are coming to East Austin, this time in the form of one of the area’s biggest developments yet.
What’s there now?
The 21-acre property at 71 Strandtman Cove is currently home to a Borden Dairy Company plant. The site is settled just off the northern banks of the Colorado River, near the Colorado River Park Wildlife Sanctuary and historic Montopolis Bridge.
By the numbers
Although fine details for the project have yet to be nailed down — there aren’t even any renderings yet — developers envision an expansive, multi-use space designed for living, working, shopping and eating. Features include:
- 1,400 housing units
- ~400,000 sqft of office space
- 100,000+ sqft of retail
- A 220-room hotel
Why it matters
The development is part of a slew of new activity in East Austin, a historically Black and Hispanic neighborhood.
It’s also likely to become one of the largest projects on the east side so far. Located within a mile of De Nada Cantina, Central Machine Works, Holiday, and Wanderlust Wine Co., the development will also add to a burgeoning restaurant and bar district. It’s also just down the road from Springdale Green, an 870,000-sqft office space expected to open later this year.
Developers are working to rezone the property from industrial to mixed-use. The project was approved by the Planning Commission in March, and City Council voted in favor of it earlier this month, after the first of three readings needed to move forward.
Endeavor has also agreed to enter a community benefits agreement, which means they will make commitments to improving the area in addition to the project’s construction.