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  3. City of Austin celebrates start of construction on the Colony Park Development

City of Austin celebrates start of construction on the Colony Park Development

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City of Austin Seal

City of Austin

FOR IMMEDIATE RELEASE
Release Date: Apr. 07, 2025
Contact: Kimberly Moore     512-974-2553    Email

Mayor Watson, Council Member Harper Madison, Council Member Vela, Council Member Alter, City Staff, Alterra/Catellus, and Colony Park Neighborhood Core Team Members

After much anticipation, the City of Austin officially broke ground on the Colony Park Development on Thursday, April 3. A ceremony and community celebration brought together community members, city officials, and business leaders to celebrate the launch of this transformative project.

Colony Park is a community-led effort to develop 208 acres of City-owned property in Austin. When complete, the development is projected to deliver as many as 3,000 residential units comprised of single-family homes, attached row/town homes, mixed-use multi-family apartments, approximately 230,000 square feet of mixed-use office, civic, and institutional space, and approximately 130,000 square feet of mixed-use retail space. Additionally, the project will improve access to health care services, parks and open spaces, healthy food options, economic vitality, educational opportunities, workforce housing, and will improve quality of life and access to City resources. 

“The Colony Park Development has been a true partnership between the City and the community from the start. We’ve listened, learned, and worked together to bring real solutions – like more affordable housing and better access to resources. Now, as we move ahead, I’m excited to see these changes come to life and make a lasting difference for the people who call this community home,” stated Kirk Watson, Austin Mayor.   

A key phase of the development is the Loyola Town Center where a grocery store, retail, office, civic, and institutional land uses are planned for development including Central Health’s Colony Park Health and Wellness Center. This center will provide new healthcare access to Northeast Austin and Travis County residents.  

For updates, a project timeline, and more information about the Colony Park Development, visit  austintexas.gov/colonypark. 

 

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