HOME DEPOT NO MORE
After more than 10 years of planning, demolition will begin on Monday, August 14th, on an old Home Depot lot in North Austin. The demolition will make way for a major redevelopment project that will include 526 housing units, half of which will be affordable housing.
The project has been in the works for roughly 15 years, and it is a collaboration between the City of Austin, the Housing Authority of the City of Austin (HACA), private developer Greystar, and the St. Johns community.
The affordable housing units will be available to households that earn 50%, 60%, or 70% of the median family income in Austin. For a family of four, this would mean an income of $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.
“This is a great project for the community,” said community member Ken Ballage. “It’s something that’s needed, and it’s a good day for St. Johns.”
The demolition is expected to take about three weeks. Once the demolition is complete, construction on the new development will begin. The project is expected to be completed in 2025.
Here are some additional details about the project:
- The housing units will be a mix of apartments and townhomes.
- The commercial space will be reserved for businesses that serve the needs of the community, such as grocery stores, restaurants, and shops.
- The clubhouse will have a pool, fitness center, and meeting space.
- The expanded park will have a playground, walking trails, and green space.
