Management & Operations

Capital Metro releases RFP for TOD project

Posted on October 3, 2013

Austin, Texas-based Capital Metro released a Request for Proposal (RFP) for the redevelopment of Plaza Saltillo in East Austin.

The area consists of 11 acres, 10 of which will be redeveloped as a transit-oriented development (TOD), while the one-acre Plaza Saltillo will continue to operate unchanged as a MetroRail station.

The RFP offers developers the rare opportunity to develop eight contiguous blocks of undeveloped land in one of the most dynamic and culturally rich neighborhoods in Austin.

“We’re asking developers through this RFP to identify the best possible use of the land within the context of the neighborhood,” said Capital Metro President/CEO Linda Watson.

With more than $100 million in TOD projects along and around its transit corridors, Capital Metro has conducted extensive community outreach and has hosted numerous input sessions with surrounding stakeholders.

For Plaza Saltillo, the community has been steadily involved for the past decade in helping to shape Austin’s former rail yard through a number of public outreach efforts, including but not limited to the East César Chávez Neighborhood Plan, the Plaza District Master Plan by ROMA Design Group, the Plaza Saltillo TOD Station Area Plan and Imagine Austin. This community input helped shape the vision for Plaza Saltillo that is being shared with developers through this RFP process.

Plaza Saltillo is served by Capital Metro’s Red Line rail service, which has tripled in ridership since its launch in 2010, and is standing room only during peak periods. The property is zoned for high-density and transit-friendly mixed use development. The revenue generated from the redevelopment of Plaza Saltillo will go into Capital Metro’s general operating fund to support future transit improvements.

Following a brief but comprehensive review of each proposal, Capital Metro will select finalists and solicit additional information. In addition, the public will be provided an opportunity to comment on the finalist’s proposal. It is anticipated that the Capital Metro board of directors will vote to select the developer sometime in mid-2014.

Oxford Commercial, a member of the Cushman & Wakefield Alliance, will serve as the agent during the RFP process.

View comments or post a comment on this story. (0 Comments)

More News

13th Annual National Dump the Pump Day Is today!

Public awareness day encourages people to "Dump the Pump" by parking their car and riding a bus or train instead.

New report blames NYC ridership dip on TNC growth

Overall, subway and bus ridership dropped by 5.6% in March 2018, compared to the previous, which is the biggest year-over-year drop since December 2017.

Palm Tran celebrates 41-year career of bus operator

The agency recognized Bus Operator Tom Romano's 41 years of service.

Diversity, health care, and public transit linked to well-being, study says

Well-being — defined as an individual's assessment of his or her health and quality of life — is associated with longevity and better health outcomes.

Feasibility study looks for multimodal options in Atlanta airport area

This fall the Aerotropolis CID and the VHB team plan to host an “Innovation Summit” highlighting cutting-edge mobility technologies.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close