Home Depot No More
An old Home Depot lot has been sitting vacant in North Austin for more than 10 years. That will change on Monday, August 14, as crews will start the demolition process of the lot, paving the way for a major redevelopment of a historic Austin neighborhood.
“The demolition is going to be such a big deal to the community – that this project is moving forward, that things are going to be happening,” Austin City Councilmember Chito Vela (District 4) said.
The demolition will mark the first phase of a redevelopment project for the St. Johns neighborhood that has been in the works for roughly 15 years.
"It's something that's needed for the community,” said community member Ken Ballage. “It's a great project with the city, and it's just a good day for St. Johns."
A plan to overhaul the 19 acres of land began in 2008, when the City bought the former Home Depot site.
"One of the reasons it's taken so long is because we haven't done a similar type of project, and there have been so many different thoughts and iterations of what we wanted to do ... We kept going back to the drawing board and again and again,” Vela said.
The new site will have 526 housing units, with half of them considered affordable housing. To qualify for these homes, a household would need to hit the 50, 60, or 70 percent median family income level in Austin. For a family of four, they would qualify if the household income totaled $55,000, $66,000, or $77,000 per year, respectively.
The redevelopment will also include 15,000 square feet of commercial space, a clubhouse, and an expanded park.
Read the full story and watch the video at KVUE.com.
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