Leander City Council received a presentation by Tynberg LLC about ideas for a new development in the city’s transit oriented development district during a council workshop Thursday night. The TOD district was created to encourage pedestrian-friendly residential and commercial development.
Alex Tynberg, principal developer for Tynberg LLC, called the project a “vibrant mixed-use town center” in the presentation. The design features parks, streetscapes and plazas, according to the workshop’s agenda packet.
It would be located southwest of the intersection of San Gabriel Parkway and Toll 183A, neighboring Leander Station, Austin Community College’s San Gabriel campus and St. David’s HealthCare.
The developers hired Gibbs Planning Group to complete a retail market study on the property. The study determined the space has room for approximately 118,500 square feet of retail.
Tynberg said a grocery store would be the “key initial anchor.” Wherever the grocer selects to be located—Tynberg said it is likely the business would want to be at the corner of San Gabriel Parkway and Toll 183A—would influence how the other buildings would develop around it.
“Properly executed retail development will drive success in the other developments,” Tynberg said.
Tynberg made the case for a partnership between his private company and the city in order for the development to come to fruition.
“I view this project as a true partnership with the city,” Tynberg said.
Tynberg said his company may need up to $43.355 million in total financial commitment from the city for the project, based on initial concepts.
The project would begin with Phase 1A, which focuses on construction and updates to the northeast portion of the lot, Tynberg said. This phase would include:
- drainage systems
- water lines
- wastewater systems
- gas systems
- electric systems
- traffic infrastructure
- water quality infrastructure
- sidewalks
- street landscaping
- street lighting
- Central Park, a space for activities and green space
He said this phase of the project would require $14.12 million in some form of reimbursement from the city.
The meeting was held for the developer to receive feedback on the concept from council members. No actions will be taken until a formal request is brought before the City Council.
