North Burnet's future outlined
Austin Business Journal - 2:54 PM CDT Tuesday, March 20, 2007by A.J. Mistretta
It's an area of Austin dominated by a multitude of uses with no clear vision and poor transportation infrastructure. It's also a part of town that could boom in coming years with projects that have the potential to drastically reshape where many Austinites shop, work and live.
The 2,500-acre North Burnet/Gateway area--increasingly referred to as Austin's second downtown--along MoPac Expressway is the subject of a recently-completed study that provides a framework to help realize its untapped promise.
In the next three decades the area targeted in the new master plan could become home to 42,000 residential units and 13.2 million square feet of commercial space including office, retail and industrial, according to an executive summary. In its highest-density areas, buildings could reach a height of 30 stories, creating a significant second core in Austin convenient to the burgeoning northwest part of the region as well as downtown.
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It's beginning to look a lot like Houston ........