ACC Board Approves Rio Grande Campus Land Purchase

The ACC Board of Trustees unanimously approved a contract on Thursday, February 4, to purchase additional property for the college’s Rio Grande Campus in downtown Austin. ACC will purchase three tracts of land adjacent to the campus, totaling about half an acre, for $2.1 million plus closing costs, which are available from 2009 revenue bonds. The purchase is part of a land banking initiative in ACC’s service area that was approved by ACC Trustees in June 2007.

The land is located at 1209 Rio Grande Street, 1215 Rio Grande Street, and 605 13th Street. The Board of Trustees authorized the college to negotiate for the purchase of land in the vicinity of the Rio Grande Campus in February 2007 to allow for future expansion.

ACC’s district-wide facilities master planning is currently underway. That process, scheduled to be completed this year, will recommend specific uses for the property.

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