Council Member Natasha Harper-Madison, Mayor Adler Holding Press Conference Ahead of Critical Colony Park Vote

(Austin, TX) - Council Member Natasha Harper-Madison and Mayor Steve Adler will hold a press conference on Thursday morning, Nov. 3, to highlight Item 4 on City Council’s agenda that will advance the Colony Park Sustainable Community project. Joining the elected officials will be Colony Park Neighborhood Association President Barbara Scott, Sergio Negrete from the city’s development partner Catellus, and staff from the Economic Development Department. Council is set to approve a tax increment reinvestment zone for Colony Park, which will close a critical funding gap and advance the long-awaited community investment that will create nearly 2,000 new homes (including 381 income-restricted workforce units), 1,200 new jobs, and more than 50 acres of parks, open spaces, and trails.   WHO: Council Member Natasha Harper-Madison, Mayor Steve Adler, Colony Park Neighborhood Association President Barbara Scott, Catellus Development Vice President Sergio Negrete WHAT: Press conference to highlight City Council agenda items that will advance the long-awaited Colony Park Sustainable Community project WHEN: 9:30 a.m. Thursday, Nov. 3, 2022 WHERE: City Hall Plaza