Green Water Treatment Redevelopment Is Underway

February 12, 2014 by Kate Harrington

Construction is kicking off at the Green Water Treatment Plant site. At the end of January, the city’s economic development department closed on sale of the Green Water site. The development team of Trammell Crow Company, The Hanover Company and Pacific Life Insurance Company plans to buy the site in phases, and in the sale that just closed, purchased the first tract.

That first parcel is at the corner of Cesar Chavez Boulevard and San Antonio Street, on the southeast corner of the Green site.

According to a release from Trammell Crow, the transaction officially kicks off redevelopment of the former water treatment plant site. When complete, it’s “expected to deliver 1.7 million square feet of mixed use development,” the release says. “Block 1, totaling 1.776 acres of land, is slated for development of a 38 floor three-tiered mixed-use tower that will include approximately 440 apartments, including 50 affordable units as well as more than 40,000 square feet of office and retail space.”

Construction starting in mid-February on Block 1 will also include the first phase of public streets and utilities, including the extension of both 2nd Street and Nueces Street. Those street extensions will connect the adjacent 2nd Street district to the new Central Library and the Seaholm District.

The development as a whole will eventually span over five city blocks.

Nearby the Green site, the city’s new central library is under construction. Just west of Green, the former Seaholm Power Plant is under construction. That site will also house a mix of residential, office, and retail space.

What do you think of all the development going on at the GWTP, Seaholm, and the Library? Leave your comments below.

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Written by Kate Harrington

Kate is a former reporter, most recently for the Austin Business Journal, where she covered real estate, economic development and transportation. Since 2010 she has been running Thumbtack Communications. Thumbtack provides writing, editing and marketing services. Before moving to Austin in 2002 Kate lived in her native New England, which she still visits often to escape the Texas heat.