Catellus Development has been working on a transformative project for over a decade, and it is finally gaining momentum. The development will span 208 acres of city-owned land along Austin’s Eastern Crescent, bringing new life to the far east side with its mixed-use design.
According to the Austin Business Journal, the California-based firm is seeking approval from City Hall to update Colony Park’s planned unit development (PUD) zoning. This change would allow for increased density on the site and enable construction of 2,000-3,000 housing units. Located less than 10 miles north of Tesla Inc.’s gigafactory, this community will be in high demand.
In addition to residential units, plans include 230
