05-1: Circuit of the Americas PUD Amendment Presentation — original pdf

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Circuit of the Americas Planned Unit Development (PUD) Amendment #3 Austin Parks and Recreation | Scott Grantham | February 23, 2026 Background  PUD approved in 2020, with Parkland superiority.  PUD amendment zoning case (amendment #3) currently in review.  PUDs are evaluated for superiority to existing City requirements.  Parks and Recreation Board (PARB) will make a recommendation to Council. K COTA PUD 2 2 Background  Staff finding is that current proposal removes parkland superiority.  Applicant has stated they are OK moving forward without parkland superiority.  Current proposal still includes some parkland language. K COTA PUD 3 3 Original COTA PUD and Parkland Original Development Plan: Racetrack, Amphitheater, Retail, Condos, Hotel Park Plan: Construct park with amenities, dedicate to the City of Austin, triggered by first residential or hotel site plan Location: “Area 8” Northeast of the existing racetrack and amphitheater, off Kellam Road, north of Elroy Road, accessible via driveway (Public Access Easement) Park (original proposal) Amphitheater Racetrack 4 Original COTA PUD and Parkland • Dedication of Parkland • 11.38 acres • Recordation of 30’ Public Access Easement • Construction of 2 Soccer Fields, and Parking Lot, etc. (next slide) • Calculation in 2020 showed superiority. Entrance Sign Access Drive 2 Soccer Fields CEF – Old Stock Tank Parking Lot 5 Original COTA PUD and Parkland  Two soccer fields (330’ x 220’ each).  Irrigation system for soccer fields.  Parking lot (50 spaces).  26’ driveway (within 30’ Public Access Easement) to Kellam Road; sign at entrance.  Drainage and water quality facilities (for park).  Trigger - Constructed and dedicated prior to first Certificate of Occupancy for any site plan with Residential or Hotel.  Maintenance – To be maintained by City of Austin. 7 6 6 Amended COTA PUD and Parkland Creates options for applicant: 1. Offsite land dedication:  14+ acres within 3 miles of COTA unless approved by APR Director  Land approved by APR Director  In Full Purpose Jurisdiction or directly adjacent  Land dedication receives commensurate credit (towards units)  Soccer amenities - receives commensurate credit 2. Fee in Lieu Trigger – Park should be finished and dedicated OR fee in lieu paid by first Certificate of Occupancy for Hotel or Residential. 7 Original PUD Proposed Amendment 2 options, applicant’s choice, with APR Director approval: 1. Offsite land dedication Land Dedication 11.38 acres in Area 8 of the PUD (Close to Kellam Rd/ Elroy Rd – just north of COTA). Fee simple dedication as parkland. • 14+ acres within 3 miles of COTA unless approved by APR Director • Land approved by APR Director In Full Purpose Jurisdiction or • directly adjacent • Land dedication receives commensurate credit (towards units) • Soccer amenities – receive commensurate credit 2. Pay fee in lieu 8 Original PUD Proposed Amendment Park Amenities Two regulation soccer fields, irrigation system, parking lot (50 spaces), 26' driveway w/in 30' access easement, sign at entrance, drainage and water quality (for park). Same amenities (if fee in lieu not exercised). City pays for extension of utilities. Parkland Calculation Basis Proposal of 508 hotel units, 30 condo units. Residential entitlements added to Area 8 (former park area)(e.g. Multifamily, Single Family, Mobile Home). Unit counts not provided as part of PUD amendment. 9 Original PUD vs. Proposed Amendment Original PUD Proposed Amendment Timing of Parkland Dedication Prior to first Certificate of Occupancy (CO) for the first Hotel or Residential site plan within PUD. Same as before Superiority PARB voted in 05/26/20 that PUD was superior in terms of parkland. PARB will make a recommendation to City Council re: amendment 10 Land Use Observations Land around COTA • Originally rural; has seen a lot of development in last 5 years, e.g. subdivisions. • Highly park deficient, a handful of parkland dedication cases will bring land; overall deficit of developed parks. • Jurisdictions are a patchwork. Full purpose, limited purpose, ETJ, de-annexed land. • Further from the City center, park maintenance can be a challenge. Park (original proposal) Amphitheater Racetrack 11 Staff Finding  Proposed amendment #3 reduces the parkland commitment within the original PUD. While giving flexibility to the applicant, proposed options include Fee in Lieu and make actual parkland dedication, the park’s location, and timing of completion uncertain. Parkland superiority is no longer present. 12 PARB’s Action Item  Make a recommendation to City Council regarding the Circuit of the Americas Planned Unit Development amendment #3. 13