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South Central Waterfront Vision Framework Plan (June 16, 2016). This document sets out the City’s general vision for the South Central Waterfront District. It provides historical background, a vision for Austin’s “second downtown,” planning and community goals, and potential financial tools.
Appendix to the South Central Waterfront Vision Framework Plan (June 2016). The appendix provides the critical financial and cost details of the 2016 Plan. It shows the streets to be upgraded and added, the costs in detail, a market overview, and financial feasibility modeling.
Eco-Northwest’s Financial Feasibility Modeling for the SCWF (May 2016). This key document is the only financial feasibility modeling that the City of Austin has conducted on the SCWF. Its analysis shows that the SCWF developers will make a good profit with them (not taxpayers) paying for the SCWF’s roads, parks and other infrastructure and them providing 527 affordable housing units.
City of Austin South Central Waterfront Tax Increment Reinvestment Zone Preliminary Project and Financing Plan (December 2021). This preliminary plan and its findings are required by state law for the City to establish a TIRZ. City Council approved this TIRZ preliminary plan on December 20, 2021, without setting the amount of the tax subsidy. The city staff is recommending $278 million in property taxes be diverted to pay for the SCWF infrastructure.
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