The City of Austin Economic Development Department invites you to join us for a virtual “meet and greet” with Catellus Development Corporation. Members of the Catellus Team will be discussing the next steps for the Colony Park Master Plan.
The event will be broadcast through our Facebook page.
David Gray, City of Austin Economic Development Department
Laura J. Cortez, Cortez Consulting
Catellus Development Guest Speakers:
Greg Weaver, Executive Vice-President
Sergio Negrete, Senior Development Associate
Jessica Reynolds, Vice-President of Marketing
About Colony Park Sustainable Community:
The Colony Park Sustainable Community Initiative began in 2012 as a three-year master planning process supported through a $3 million U.S. Department of Housing and Urban Development Sustainable Communities Challenge Grant. The Austin City Council adopted the Colony Park Master Plan and Planned Unit Development (PUD) zoning district in December 2014. On May 12, 2020, the Economic Development Department signed an Exclusive Negotiating Agreement with Catellus Development Corporation (Catellus) for the Colony Park Sustainable Community project. The Exclusive Negotiation Agreement ends the solicitation process and anti-lobbying/no contact requirements between the Economic Development Department, Catellus, and community partners. It also establishes a two-year time frame for the City and Catellus to perform due diligence and negotiate a Master Development Agreement for the Colony Park Sustainable Community project. When complete, the project is expected to feature a mix of housing types, retail and office space, a transit center, and an innovation district. The Colony Park Sustainable Community will be the largest redevelopment of city-owned land since the Mueller project.