Advocates push for funding Northern I-35 caps to boost development in Austin

The Austin City Council Work Session on May 6, 2025, focused on the potential transformation of key areas around I-35, particularly the old Fiesta site and Hancock Center. The discussions highlighted plans for a 600-unit affordable housing development near the new Hancock Station and a $50 million grant from Michael Dell Jr. for a cultural center and public plaza. However, concerns were raised about the lack of funding for necessary structural roadway elements, specifically the Northern caps, which were deemed too costly at $120 million during previous council discussions.

Speakers at the meeting emphasized the economic benefits of investing in these caps, arguing that similar projects, like Clyde Warren Park in Dallas, have generated significant tax revenue by increasing surrounding property values. Bree Brown, a commercial real estate professional, advocated for funding the caps, noting that walkable areas enhance commercial profitability and social connectivity, particularly for families in East Austin.

Alyssa Steglich, a long-time resident, echoed these sentiments, urging the council to prioritize public good over financial hesitance. She highlighted the importance of accessibility to schools and community resources, particularly for families living on the East Side of I-35. Both speakers underscored the need for bold investment in infrastructure to address historical inequities and foster future growth.

The meeting concluded with a call for the council to reconsider funding for the caps, emphasizing that such investments could unlock billions in private funding and create a more connected and equitable city for future generations.