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

Former MBTA chief: System fix, expansion 'tall order'

Rich Davey said plans for a $2.2 billion commuter rail extension and fixing the system without raising new taxes will be difficult.

MasterCard, Cubic announce global fare payment partnership

As part of the agreement, MasterPass, MasterCard’s secure digital payment service, will be integrated with Cubic’s NextWave ticketing and journey planning app.

D.C. Metro board members want to refocus search for system chief

Some members said they want to shift the emphasis of the search to focus on a fresh batch of candidates whose skills are more suited to fixing problems that have come to light in the transit system in recent months.

Seattle introduces transit fares based on income

The reduced ORCA LIFT fare will be available to riders earning at or below 200% of the federal poverty level, about $23,340 annually for an individual or $47,700 for a family of four.

SFRTA taps new deputy executive director

C. Mikel Oglesby brings almost a quarter of a century of experience in the transit industry to his position, most recently operating Oglesby Consulting LLC, a firm he established to provide transportation expertise to the public and private sectors.

See More News

Post a Comment

Post Comment

Comments (0)

Please sign in or register to .    Close