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The St. John site is officially under a Master Development Agreement contract between the City of Austin and Greystar Development Central, LLC, according to an announcement from the City of Austin Economic Development Department.
The location used to be home to The Home Depot and a Chrysler dealership.
In a unanimous vote, City Council on Thursday, July 29 agreed to enter negotiations with Greystar Development Central on the future of a 19-acre site in Northeast Austin that the city has owned - but done nothing with - for more than a decade. Over the past century, the property at the corner of I-35 and E. St. Johns Avenue was an orphanage and elementary school, later becoming a Home Depot and car dealership. In 2008, the city purchased the site with funds approved in a 2006 bond election to convert into an Austin Police Department Northeast substation and a new home for the