Local architecture firm plans east Austin test of city's new HOME Initiative
A local architect plans to build three homes on about two-tenths of an acre in east Austin to test out the new HOME Initiative approved by the Austin City Council last year.
AUSTIN (Austin Business Journal) — A local architect plans to build three homes on about two-tenths of an acre in east Austin to test out the new HOME Initiative approved by the Austin City Council last year.
Austin-based Dick Clark + Associates, a full-service architecture firm, will develop the site under the new guidelines that allow up to three homes on an existing single-family lot, according to a Feb. 21 announcement. The 7,000-square-foot site at 717 Prospect Ave. will be home to two 1,350-square-foot residences and one 1,600-square-foot residence.
The HOME Initiative also allows developers and builders to seek approval for such projects through the city’s general residential review process instead of the more expensive and time-consuming site plan review process. The aim is to incentivize creation of more housing in Austin and in turn decrease the average cost of a home.