Austin’s iconic Seaholm plant transformation buds

AUSTIN – Development on the southwestern edge of downtown at the Seaholm Power Plant is a go. Construction will begin immediately on the $100 million project.

The five-acre site, now owned by Seaholm Power LLC, will include a 30-story, 309-unit apartment tower and a public open-air plaza.

It will also include 60,000 sf of office, retail and restaurant space and a parking garage. One future tenant, specialty grocer Trader Joe’s, has already signed a lease.

The power plant will be retrofitted into office space and two towers are to be built nearby.

The 117,000-sf Seaholm Power Plant was built in the 1950s in a classic Art Deco style. The building ceased power generation operations in the 1990s.

The project is slated for completion in late 2015.