The Plan

A Community Years in the Making

Here, community and opportunity grow hand in hand. Rooted in resilience and created for connection, Colony Park will have new homes, parks, shops, and offices woven into nearby neighborhoods.

Colony Park at a Glance

See how the neighborhood comes together, with our homes, parks, and future spaces thoughtfully connected.

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About

The Eight Pillars of Community Need

Residents of Colony Park, Lakeside Hills, and the LBJ neighborhood have advocated for increased investment, services, and amenities in their neighborhoods since the 1970s. The project is led by a group of community leaders known as the Colony Park Core Team. The Core Team crafted a community-focused vision for this area and the 208-acre development. To unify their vision, they created the Eight Pillars to guide their work.

Healthcare

Improve access to health care resources and services.

Food Access

Improve access to healthy food resources.

Workforce Housing

Improve equal access to workforce housing.

Education

Improve educational opportunities.

Connectivity & Safety

Improve mobility, connectivity, and safety of the community.

Economic Vitality

Improve access to economic vitality of community.

Government Resources

Improve quality of life through accessing available City/County resources.

Open Space & Parks

Improve access to open spaces and activate parks.

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Frequently asked questions

Find answers to common questions about Colony Park.

Yes. In 2012, the U.S. Department of Housing and Urban Development (HUD) awarded the City of Austin a Community Challenge Planning Grant through the Sustainable Communities Initiative to develop a plan for the 208-acre City-owned property at the heart of the Colony Park, Lakeside, and Parker Station neighborhoods.

This vision was outlined in a master plan for the Colony Park Sustainable Community, and after additional community input, the community is now known simply as Colony Park.

Colony Park offers a variety of amenities, including parks, walking trails, and places to shop and dine. Residents and neighbors can enjoy recreational facilities and organized events throughout the year. Our goal is to create a vibrant community where everyone feels at home.

We are currently in the very early stages of development and will not have any information to share on homebuilders and pricing until approximately late 2026. You can keep up to date with Colony Park’s social media channels or through our e-newsletter.

Stay up-to-date by subscribing to our e-newsletter or following us on Facebook @colonyparkplan.

Stats

The Neighborhood in Numbers

Colony Park is planned to have over 1,500 homes, ensuring a diverse and welcoming neighborhood. With more than 200,000 square feet of retail space planned, residents have everything they need right at their doorstep.

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1970

Community Advocacy Lays the Foundation for Future Development

Since the 1970s, residents of Colony Park, Lakeside Hills, and the LBJ neighborhoods have advocated for increased investments, services, and amenities in their communities. These early efforts established a legacy of civic engagement and set the stage for the creation of the Colony Park Sustainable Community decades later.

2012

Early Planning and Federal Investment Begins

In 2012, early planning for the Colony Park Sustainable Community began with a $3 million HUD Challenge Grant, the formation of a Technical Advisory Group with subject matter experts from across the City of Austin, initial land and site constraints analyses by the Watershed Protection Department, and engagement from federal, City, and neighborhood leaders, laying the foundation for future development.

2014

Master Plan Establishes the Vision

In 2014, the City of Austin adopted the Colony Park Master Plan, outlining a long-term vision for a mixed-income, sustainable community with homes, retail, parks, mobility options, and public services designed to support long-term growth.

2018

Partnership With Catellus Begins

In 2018, the City entered an Exclusive Negotiating Agreement with Catellus, selecting a master developer with a proven track record to help bring the Colony Park vision to life through planning, infrastructure strategy, and community-focused development.

2020

ENA Signed between Catellus and the City of Austin

The City of Austin signs an Exclusive Negotiating Agreement with Catellus Development Corporation (Catellus) followed by "Meet the Developer" and "Meet the Community" events.

2023

Zoning Framework Moves Development Forward

In 2023, updates to the Planned Unit Development zoning were approved, aligning land use, density, and community priorities to prepare the site for future infrastructure and development activity.

2024

Colony Park Takes Major Steps From Vision to Reality

In 2024, the City of Austin and Catellus advanced the Colony Park Sustainable Community with the signing of the Development Agreement, new financing tools, and key Council approvals that clear the way for infrastructure, public amenities, and future development across the 208-acre site.

Our Partnerships

Meet the dedicated professionals behind Colony Park.

City of Austin

The City is the public partner guiding the Colony Park development.

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Community

Community and neighbors that are shaping the future of the development.

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Banbury Development

Shaping land. Crafting communities. Building futures.

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Catellus Real Estate

Catellus is a national leader in transformational land development.

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