Item 2: Waterloo Greenway Slide Deck — original pdf

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Waterloo Greenway Project Update August 2026 City of Austin Flood Control Tunnel Partnership and Governance Waller Creek Local Government Corporation • Representatives of City and WGC • Open meetings and citizen communication • Approval of contracts and design/construction budgets • Capital Project Funding • Capital Project Funding Public-Private Partnership Public Oversight MVVA: Design Competition and Project Vision • 35 acres of parks and open space along 1.5 miles of Waller Creek • A connected series of parks, stitching together over 3 miles of trails with dozens of connections to the right-of-way • Robust regional landscapes and restoration of Waller Creek • Actively programmed and managed by Waterloo Greenway Conservancy to the highest standard Phase 1: Waterloo Park The Confluence • • • • • 10.5 Acres Traditional park between 4 streets 90,000 plants and 500 trees Extensive restoration Large public event space Moody Amphitheater The Reimagined Waterloo Park Since the reopening in August 2021, Waterloo Park has seen 1,400,000 visitors! In 2025 alone, Waterloo Greenway welcomed 400,000 Austinites through 35 concerts and 175 free community programs with the help of over 200 local partners. Phase 2: The Confluence The Confluence 13.5 Acres • • Off-street connectivity and mobility: one mile of trails 200,000 plants and 1,600 trees • • Outdoor classroom, gardens, and areas to enjoy nature Creating a walkable district • • Opened June 6th, 2026 Creek Boardwalk Creek Boardwalk April 2026 Lattice Bridges existing conditions 2016 Lattice Bridges June 2026 Lakeview Terrace Existing Conditions 2016 Lakeview Terrace April 2026 June 2026 June 2026 June 2026 June 2026 June 2026 Phase 2: Palm Park The Confluence 2+ acres • playgrounds and family spaces • Shade pavilion and misting feature • • A culture park that honors history, community, and artistic traditions Parakeet Playground Family Pavilion Phase 3: 4th-12th St. The Confluence • • • • • 10+ acres of parks and trails 1+ miles of off-street accessible trails 12+ connections from trail to streets and sidewalks Lighting, guardrails, and safety improvements Connecting numerous popular destinations Trail North of 4th St. Trail North of 6th St. Connecting Downtown Destinations • A once-in-a-generation opportunity to reshape a major downtown core • Invite the community into the eastern side of Downtown at all hours-– create new visitors and patrons • The sum is greater than the parts Providing Economic Benefit to Austin Guiding Values • 10:1 to 40:1 Return on Investment • Based on comparable parks around the country including the High Line, Brooklyn • • Increased adjacent real estate values Bridge Park, Klyde Warren Park Increased tourism, visitation, and length of stays leading to additional sales tax and hotel use throughout the year • Create and Accessible Trail Network • Provide for Visitor Safety • Build a Restored and Resilient Waller Creek • Enable Long-term Maintenance, Operations, and Programming • Create, Reclaim, and Restore Parkland • Align Projects with Funding Opportunities • Promote Equity and Access • Adjacency to high quality parkland creates a proven value premium • • Denser and higher-value development adjacent to the Greenway Improved access to other downtown amenities through a walkable district • Conservative estimate of $2B to $10B in city-wide economic impact from Waterloo Greenway *Based on 2018 HR&A Study Creating a Local and Regional Attractor Guiding Values • • 400,000 visitors in 2025 (7% increase) 1,400,000 visitors since opening in August 2021 Data: Placer Labs Creating a Safe, Connected, Welcoming District for Austin Austin Convention Center Bringing the Parks to Life Maintaining High Standards: Clean, Safe and Welcoming Creek Show Questions?