Brandywine Realty Trust is in the midst of developing the site of the current IBM campus in North Austin, directly across from the Domain, into a mixed-use development with more than 2,000 housing units and more than 1 million additional square feet of office space.
This fall, work will begin on a rail station on Capital Metro's Red Line to serve that future mixed-use community, proposed to be named Uptown ATX.
Sharmila Mukherjee, Capital Metro's executive vice president of planning and development, told the public transit agency's board of directors at an Aug. 24 meeting the groundbreaking date for the station has not been set but will take place sometime in September. After two years of construction, the station is set to open in summer 2022, according to Mukherjee.
The $24 million station will be financed through a public-private partnership between Capital Metro and Brandywine, with each entity responsible for $12 million in costs. If there are overruns, Mukherjee said, Capital Metro would not be responsible for providing any additional funding.
"This [station] has been a long time coming; I know folks in Williamson County I represent are really excited about this," board member Eric Stratton said.
The Broadmoor station is not the only change on the Red Line Capital Metro is discussing. A few miles south of the IBM campus, construction is scheduled to finish at the Austin FC stadium near the corner of Burnet Road and Braker Lane in 2021. Capital Metro announced in 2019 it plans to open a new station near the stadium in time for opening day.
Once both stations open, Capital Metro plans to shutter the existing Kramer station, located near the intersection of Kramer Lane and Braker.
Construction to begin in September on new $24 million Capital Metro rail station across from The Domain
Capital Metro and Brandywine Realty Trust are set to break ground on a new rail station in September. (Rendering courtesy Brandywine Realty Trust)