CapMetro approves $49M agreement for Uptown ATX transit station development

The Capital Metro board has taken a significant step towards enhancing public transportation in Austin by approving a resolution for the development of the Broadmoor Station at the Uptown ATX site. This new multimodal transit hub, strategically located near the Domain and adjacent to Charles Schwab's corporate campus, is expected to become a vital connection point for local bus routes and pedestrian pathways, ultimately serving as a key transit option for North Austin.

The board approved an amended agreement with Brandywine Realty Trust and BDN Management Inc. for a total project budget of $49 million, with Capital Metro contributing approximately $37.3 million. This marks a substantial increase from the original $12 million commitment made in 2020, reflecting the rising costs associated with construction and inflation exacerbated by the pandemic. The project aims to support the city’s vision of a more compact and connected urban environment, aligning with the broader goals of the Imagine Austin initiative.

The Broadmoor Station is projected to have the second highest ridership on the Metro Rail line, following the downtown station. It will feature double-length covered platforms, new double tracks, and 200 shared parking spaces for transit users. Construction is set to begin in early fall 2025, with an anticipated opening in winter 2027, at which point the existing Kramer Station will be decommissioned as a passenger station.

In addition to the Broadmoor Station project, the board also approved an interlocal agreement with the City of Austin to implement a $10 million reimbursement for expenses related to the EPA Climate Pollution Reduction Grant. This initiative aims to develop alternative commute options and improve regional transit services amid ongoing construction disruptions in the area.

These developments reflect Capital Metro's commitment to enhancing public transportation infrastructure and addressing community needs, ensuring that residents have access to efficient and sustainable transit options as Austin continues to grow.