Urban Renewal Board - July 7, 2025

Urban Renewal Board Regular Meeting of the Urban Renewal Board - 1000 E. 11th Street, Austin, TX 78702, Room 400A | INTRODUCTORY GATHERING 5:00 pm, REGULAR MEETING 6:00 pm

Agenda original pdf

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REGULAR CALLED MEETING of the URBAN RENEWAL BOARD July 7, 2025, INTRODUCTORY GATHERING 5:00 pm, REGULAR MEETING 6:00 pm STREET JONES BUILDING, ROOM 400A 1000 EAST 11TH ST, AUSTIN, TEXAS 78702 Some members of the Urban Renewal Board may be participating by videoconference and a quorum will be present at the location identified above. Public comment will be allowed in-person or remotely via telephone. Speakers may only register to speak on an item once, either in-person or remotely, and will be allowed up to three minutes to provide their comments. Registration no later than noon the day before the meeting is required for remote participation by telephone. To register to speak remotely, call or email Hunter Maples, (512) 974-3120 or hunter.maples@austintexas.gov. The Urban Renewal Board reserves the right to go into closed session to discuss any of the items on this agenda as permitted by the Texas Open Meetings Act, Chapter 551 of the Texas Government Code. CURRENT BOARD MEMBERS/COMMISSIONERS: Manuel Escobar, Chair Darrell W, Pierce, Vice Chair Amit Motwani Byron Davis Jacqueline Watson Kobla Tetey Tam Hawkins INTRODUCTORY GATHERING AGENDA Conduct meet and greet with a possible quorum of the Board (No action or official business) CALL TO ORDER PUBLIC COMMUNICATION: GENERAL The first 10 speakers who registered to speak no later than noon the day before the meeting, if speaking virtually, or who signed up prior to the meeting being called to order if speaking in person, will each be allowed a three-minute allotment to address their concerns regarding items not posted on the agenda. 1 of 3 APPROVAL OF MINUTES 1. 2. Approve the minutes of the Urban Renewal Board’s (URB’s) regular-called meeting on April 21, 2025 Approve the minutes of the Urban Renewal Board’s (URB’s) special-called meeting on June 9, 2025 DISCUSSION ITEMS 3. Discussion related to updates on future development of Blocks 16 & 18 from Pleasant Hill Collaborative and Rally Austin, including project status and anticipated timeline (Sean Garretson, Pleasant Hill Collaborative; Lex Miller, Rally Austin) DISCUSSION AND ACTION ITEMS 4. 5. 6. 7. Discussion and approval of recommendation to City Council regarding the requested Urban Renewal Plan amendment for 1201 E 11th St. Discussion and authorization of Chair Escobar to draft and sign letter of support regarding the credit enhancement requested by Pleasant Hill Collaborative for the future development of Blocks 16 & 18 Discussion and authorization of Chair Escobar to draft and …

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Presentation by Pleasant Hill Collaborative original pdf

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Block 16/18 Updates Pleasant Hill Collaborative July 7, 2025 VISION TO REALITY PLEASANT HILL COLLABORATIVE – BLOCK 16 & 18 PROPOSAL Updates to the Urban Renewal Board • Schedule Updates • A1 – Community Engagement Plan, Programmatic Plan, Financing • Community Engagement Plan & Equitable Development Goals • Block 18 Housing – finalize program direction • Commercial Strategy (Kim Shipman, TOPO) from ENA - Operations 120 DAYS 180 DAYS ENA Schedule - Phase A1, A2 and B • Phase A1 (120 Days) – • Credit Enhancement Plan • Equitable Development Goals and Strategies • Community Engagement Plan (7/09) • Project Plan • Phase A2 (180 Days) – • Refined Programatic Components • Finalized Credit Enhancement • Final Proposed Finance Plan • Final Proposed Concept Plan • Phase B (3/2026-9/2027) – • Proforma • Proposed Development and Description • Proposed Operation Plan Community Engagement Plan * Equitable Development Goals Pleasant Hill Collaborative Team Community Engagement Plan • Dates are Draft based on general schedule of design/construction • Began work tonight with Stakeholder Working Group Equitable Development Goals • Frequency of Reporting TBD (anticipate at monthly/quarterly URB meetings Block 18 Housing Pleasant Hill Collaborative Team Block 18 Housing • Musician Housing STILL remains an interest to our team and Juniper Housing is envisioned as that area. • Servitas Team remains FULLY committed and excited about the opportunity to partner with Huston- Tillotson on a mixture of student/faculty/staff housing • Finalizing Discussions with HT • St Edwards Housing (136 beds) is similar $/bed as Servitas proforma with older product, non-branded and distant from campus • H-T remains interested in mix of housing for students, faculty and staff H-T requires all new students with fewer than 60 credit hours (generally, freshmen and sophomores) to live in the residence halls, unless they qualify for an exemption: o Currently living with a parent in the Austin area o 23 years of age or older o Parent or guardian of children who live with the student Two or more years of military service o o Married and living with spouse o Own a home in the Austin area HT’s Spring 2025 Fact Sheet provides the following breakdown: o Asian o Black o White 14 (1.4%) 661 (66.8%) 93 (6.7%) Latino 93 (9.4%) International 122 (12.3%) o o o Unknown 34 (3.4%) Commercial Strategy for Blocks 16 & 18 • TOPO’s Role during design and operations • End …

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