Delivering in 2019 along the rail tracks of the East Cesar Chavez neighborhood just east of I-35 is the Plaza Saltillo multi-use development. Plaza Saltillo will occupy six blocks from I-35 to the Saltillo Rail Station, which is a Capital Metro Stop.
The 10-acre Plaza Saltillo site will feature a mixture of 800 apartments, 110,000 square feet of retail space, 120,000 square feet of office space and over an acre of open green space tailored to both pedestrians and bikers. This open space will have expansive sidewalks, pocket parks, and an extension of the Lance Armstrong Bikeway, which connects East Austin to downtown. The acre plus of open space will be ideal for picnics, outdoor activities, rest & recreation.
Restaurants that have already signed on to lease a space in Plaza Saltillo include Hopdoddy Burger Bar, Pinch Boil House, Dolce Neve, Barcelona Wine Bar, Snooze, Epoch Coffee, Tarka Indian Kitchen, Austin Juicery, The Ginger Man bar, and Stout Burgers and Beers. In addition to the restaurants that have signed on, Whole Foods Market has leased the largest space to build a 30,000 square-foot store. Although originally intended to be a Whole Foods 365, the less expensive and more local version of Whole Foods, the company has now decided to cease opening more 365 concept stores and to just focus on strengthening its Whole Food brand instead.
The developer for the Plaza Saltillo project is the Endeavor Real Estate Group, a local company best known for its work developing the Domain in north Austin. What impact will the arrival of Plaza Saltillo make on the East Cesar Chavez housing market, which had a median price of $479,700 in 2018? East Cesar Chavez will continue to be a hot spot for real estate development and growth as multi-use sites like Plaza Saltillo contribute to the revitalized interest in the area.
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