Two notable names in Austin’s real estate world want to lead the redevelopment of the massive Colony Park project in East Austin.
Stratus Properties Inc. and Catellus Development Corp. have responded to the city’s request for qualifications for a master developer for the redevelopment of Colony Park — about 208 acres of publicly owned land near the intersection of Decker and Loyola lanes, about a mile from Walter E. Long Metropolitan Park.
Colony Park’s Master Plan, approved in 2014, allows for as much as 960,000 square feet of commercial space and 3,031 housing units. The project was unveiled in 2012
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