About Redevelopment

Redevelopment supports and creates places that make Austin special. Now part of the Financial Services Department as of October 2024, the Redevelopment Division provides significant social and economic value to the City of Austin through a variety of redevelopment and place-based initiatives that focus on catalytic investment to further the community goals as set out in Imagine Austin and the 2023 Strategic Direction. 

The City of Austin and its private partners invest in residential, commercial, and mixed-use communities and sites that provide economic growth through new construction, historic preservation and/or adaptive reuse, updated infrastructure, and community benefits, including affordable housing, public art, trails / open spaces and recreational areas. 

Each of the division's initiatives support the residents, businesses, visitors, and tax base of Austin. Read about each of these below. 

District Redevelopment 

Stewarding public/private investment to generate social and economic growth, while preserving and enhancing neighborhood identity.

Site Redevelopment

Collaborating with stakeholders to strategically position city-owned real estate for community benefits.

Public Improvement Districts

A Public Improvement District ("PlD”) is an economic development tool that permits the financing of public improvements and supplemental services that are determined by the City of Austin to confer a special benefit on a geographically defined area within its corporate limits or its extraterritorial jurisdiction. Council Resolution 20200220-015, the City’s PID Policy, governs the creation, operations and dissolution of PIDs in Austin. 

Austin Public Facilities Corporation

Established in 2023 as a “public purpose” entity under the Texas Public Facilities Corporation Act (Chapter 303), the Austin Public Facilities Corporation (APFC) plays a pivotal role in supporting the City's public facilities initiatives.