AUSTIN (KXAN) – Ten acres at the Plaza Saltillo District in East Austin will soon be a hub of revenue-generating, transit oriented and community-serving organizations after the Capital Metro board selected Endeavor/Columbus Realty to oversee the redevelopment process.
“Our process has resulted in a proposal that will meet our adopted transit-oriented development goals while honoring what the community has said it wants for their area,” said Capital Metro president and CEO Linda S. Watson. “Endeavor has put together a comprehensive proposal and we look forward to working with them to delve deeper into the details to reach an agreement that serves everyone well.”
Bordered by Interstate 35, Navasota Street and 4th and 5th Streets, the development is designed to boost transit ridership, bring a grocery store to benefit the community and create jobs and create housing.
Plaza Saltillo served as Austin’s train depot for 100 years until it was abandoned in the 1980s. CapMetro purchased the property in 1995 with plans to incorporate it into future light rail service. In 1997, Capital Metro leased one acre to the City of Austin for Plaza Saltillo, a Mexican-style plaza named for Austin’s sister city Saltillo, Coahuila in Mexico.