Item3_URP_Check-In_Ord_20220915-065_and_20220915-065 — original pdf

Backup

Urban Renewal Board Regular Mee�ng December 18, 2023 Backup for Item 3 Item 3: Update and discussion regarding the City Manager’s evaluation of the continued need for the URP and the URA, and the URB’s recommendation to Council (Chair Escobar) Part One A copy of the eleventh modifica�on to the East 11th and 12th Streets Urban Renewal Plan, adopted with Ordinance No. 20181213-101. The full ordinance and Plan are available here: htps://www.aus�ntexas.gov/page/urban-renewal-plan Addi�onal materials related to the ordinance and council ac�on are available here: htps://www.aus�ntexas.gov/department/city-council/2018/20181213-reg.htm#101 Part Two Excerpt from the twel�h modifica�on to the East 11th and 12th Streets Urban Renewal Plan, adopted with Ordinance No. 20220915-065. The full ordinance and Plan are available here: htps://services.aus�ntexas.gov/edims/document.cfm?id=394958 Addi�onal materials related to the ordinance and council ac�on are available here: htps://www.aus�ntexas.gov/department/city-council/2022/20220915-reg.htm#065 [Remainder of page inten�onally blank]   While there is no active development at this site, in public meetings the Gilfillan Group has represented to the URA that it is actively planning for the future development of this and other parcels it owns in and around the URP area.  1322-1336 East 12th Street – Through a competitive process, the Urban Renewal Agency sold the lots to the Butler Equity Holdings, Ltd. to develop a mixed-use development in July 2015. Ten percent of the residential units will be reserved to be sold to households at or below 80% of the median family income (MFI) for the Austin-Round Rock area.  The project is under construction with an estimated project completion time in Summer 2020. Façade Improvements  East 11th Street  East 12th Street Private Investment  1115 East 11th Street (Blue Dahlia restaurant)  901 East 12th Street (SNAP Management Group, Inc.)  1818 East 12th Street (Mission Possible)  1914 East 12th Street (Ideal Barber Shop and Galloway Sandwich Shop)  Several private developments on both East 11th and 12th Street have been completed, including a boutique hotel, restaurants, a grocery/café, bars and mixed-use developments. NOTE: It is important to acknowledge that the above accomplishments have been made in the URP area, but also to note the URP area has not yet fulfilled its potential as a mixed-use, urban community. East 11th Street has experienced improvements whereas, East 12th Street still has numerous vacant parcels and/or vacant buildings, and the East 11th and 12th Street corridors remain underutilized and somewhat inconsistent with the community vision. In December 2018, and in support of the URP, the Austin City Council (Council) extended the Urban Renewal Plan’s expiration date until 2028. In five years, 2024, the City Manager is to evaluate whether there is continued need for the URP and the URA. The evaluation and recommendation are to be provided to the URA and Council. The URA is also to provide Council with a recommendation. During the ten year extension, the City Manager is to work with the Urban Renewal Agency and other key community partners to carry out the strategies described in the Economic Opportunity and Affordability section in the City’s strategic plan (Strategic Direction 2023) Council encouraged the City Manager to include the Office of Performance Management, Neighborhood Housing and Community Development, Planning and Zoning Department, Economic Development Department and the Office of Real Estate Service in carrying out these activities. Page 6 of 33