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Updated over 4 years ago, 09/04/2020

User Stats

630
Posts
488
Votes
Neil Narayan
  • Real Estate Agent
  • Austin, TX
488
Votes |
630
Posts

$24 million light-rail station speeds into Austin’s 2nd downtown

Neil Narayan
  • Real Estate Agent
  • Austin, TX
Posted

New MetroRail station is on track for an enormous mixed-use project being developed across from the Domain complex in North Austin. The rail station will serve a planned 6 million square ft development dubbed as Uptown ATX

Cap Metro says the new station will provide a link to Austin’s “second downtown” and a connection to a “high-density, mixed-use development with a safe and walkable street grid.”

Construction on the new commuter rail station is set to begin in September and be completed in the summer of 2022.

https://austin.culturemap.com/...

User Stats

60
Posts
53
Votes
Robert Eyers
  • Property Manager
  • Austin, TX
53
Votes |
60
Posts
Robert Eyers
  • Property Manager
  • Austin, TX
Replied

Great news for North Austin and RR property value!

User Stats

12
Posts
16
Votes
Replied

@Neil Narayan do you know if it's going through Colony Park?

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User Stats

134
Posts
65
Votes
Vik J.
  • Redmond, WA
65
Votes |
134
Posts
Vik J.
  • Redmond, WA
Replied

Thanks Neil! By 2nd downtown, I presume w mean N Leander, L Hills, etc.?

User Stats

630
Posts
488
Votes
Neil Narayan
  • Real Estate Agent
  • Austin, TX
488
Votes |
630
Posts
Neil Narayan
  • Real Estate Agent
  • Austin, TX
Replied

They are calling the dev by the Domain in N Austin the 2nd downtown or uptown

User Stats

124
Posts
95
Votes
Rick Reeder
Pro Member
95
Votes |
124
Posts
Rick Reeder
Pro Member
Replied

The Domain is the "population center of gravity" for the Austin metro. With the new MLS stadium and Apple campus going up not far away, it will be a great spot for appreciation.

  • Rick Reeder
  • User Stats

    630
    Posts
    488
    Votes
    Neil Narayan
    • Real Estate Agent
    • Austin, TX
    488
    Votes |
    630
    Posts
    Neil Narayan
    • Real Estate Agent
    • Austin, TX
    Replied

    @Nyle Emerson I don't think it will go through Colony Park as it is too far east

    User Stats

    1,068
    Posts
    1,078
    Votes
    Bryan Noth
    • Realtor
    • Austin, TX
    1,078
    Votes |
    1,068
    Posts
    Bryan Noth
    • Realtor
    • Austin, TX
    Replied

    This is big news for growth in that area, thank you for sharing @Neil Narayan!

    User Stats

    134
    Posts
    65
    Votes
    Vik J.
    • Redmond, WA
    65
    Votes |
    134
    Posts
    Vik J.
    • Redmond, WA
    Replied

    Per Google maps, it's about 11 miles to downtown Austin. So in short, the only areas that will benefit from this will be the Austin (and as a poster mentioned earlier, perhaps parts of RR and Cedar Park)?

    User Stats

    254
    Posts
    265
    Votes
    Bruce Petersen
    • Rental Property Investor
    • Austin, TX
    265
    Votes |
    254
    Posts
    Bruce Petersen
    • Rental Property Investor
    • Austin, TX
    Replied

    Traffic is going to suck in that area with The Domain and Domain Northside, the new soccer stadium and now this 66 acre development. It's going to be cool by my god is it going to become dense.

    User Stats

    452
    Posts
    309
    Votes
    Lynn Currie
    • Investor
    • Austin, TX
    309
    Votes |
    452
    Posts
    Lynn Currie
    • Investor
    • Austin, TX
    Replied

    @Vik J.

    There is a lot of growth that direction. Housing is more affordable on the outskirts of the city, tech companies have been there for years so lots of folks live out there and have been moving in that direction, the highways are built up, companies and developers can build outside of the city limits where it is easier to build and get things approved, etc.

    Personally I think it's a stretch to call it a second downtown. I'm guessing that won't stick, but rail out there makes sense for sure.

    To answer your question about who benefits? Mostly north Austin and surrounding suburbs. We have one other line that also is north Austin focused that goes to downtown (fun fact, you can't even get to the airport on it)..

    Austin needs a good transit system. We've never really been able to get a full system approved on the ballot, so we're getting it in piece-meal parts. What we have is incredibly flawed, but it's a step towards some sort of transit system so we will take it.

    User Stats

    1,220
    Posts
    1,006
    Votes
    Aaron Gordy
    Agent
    • Real Estate Broker
    • Austin, TX
    1,006
    Votes |
    1,220
    Posts
    Aaron Gordy
    Agent
    • Real Estate Broker
    • Austin, TX
    Replied

    Notice that it took a private public partnership deal for this to happen. I have a feeling that this development will lead to other similar developments around the city. This is very good news!  Who is going to really benefit? Brandywine..lets not pretend. 

    • Aaron Gordy

    User Stats

    4,980
    Posts
    5,042
    Votes
    Scott Mac
    • Austin, TX
    5,042
    Votes |
    4,980
    Posts
    Scott Mac
    • Austin, TX
    Replied

    The Domain "area" has the only "Der Wienerschnitzel" Hot Dog place in Austin, and a Top Golf.

    I wouldn't call it second downtown "yet", but it certainly is a destination if you have some "upscale" money to spend.

    They have a lot of nice mid-scale $$$ restaurants to choose from.

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