Background
2002
City of Austin and Stratus enter into the Development Agreement.
Tract 110 designated for commercial office development.
Vehicular access to Dahlgreen Avenue is prohibited by the restrictive covenant attached to Tract 110
Agreement establishes development framework for remaining Circle C lands.
Current Rezoning Request
April 2025 - Presentation to HOA Board
Stratus Properties presented Tract 110 development plans to the Circle C HOA Board of Directors and residents outlining a plan to build a mixed use, multifamily development on Tract 110 instead of office space. The plans include 1,000 apartments.
Materials indicate the Dahlgreen access prohibition would remain in place and Dahlgreen would be used as an emergency access only.
Summer / Fall 2025
Case C14-2025-0064 initiated.
Stratus seeks a modification of the Conditional Overlay governing Tract 110 in order to build 1,000 apartments instead of offices.
Stratus is informed by the City that a second ingress/egress point is required from the Tract 110.
December 2025 - HOA Board sends Stratus Support Letter to City
The HOA Board provides a letter of support for Stratus' rezoning request for the modified Conditional Overlay, and the removal of the prohibition against vehicular access to Dahlgreen from Tract 110. The result will be that the segment of Dahlgreen adjacent to Kiker Elementary School and the school zone will be open to traffic generated from 1,000 apartments.
January 2026 - Dahlgreen Amendment Added
The application was amended to include a request to remove the prohibition on vehicular access to Dahlgreen Avenue.
March 24, 2026 - Stratus Board of Directors unanimously approves a plan of complete liquidation and dissolution. William H. Armstrong III, Chairman of the Board and Chief Executive Officer of Stratus, said, “I am pleased that the Board, in coordination with our external advisors, has reached a decision that positions us to deliver the greatest value for stockholders and more certainty than the alternatives we considered through this rigorous process. Our liquidation and dissolution strategy assumes that the Company’s significant cash position, which will be augmented as assets are sold, will be distributed to stockholders in a tax-efficient manner, and as soon as prudent. Fully stabilized assets are expected to be sold in the near term, and our remaining high-quality, longer-duration development opportunities are expected to be methodically sold as soon as important value-enhancing entitlement and related milestones are achieved. Additionally, our plan includes significant reduction in overhead costs during the liquidation process.”
May 2026
The hearing before the City of Austin Zoning and Platting Commission was held on May 5, 2026. Circle C residents attended and provided public comment. The proposal was reviewed by the Zoning and Platting Commission (ZAP), which resulted in a recommendation for approval by the Austin City Council. Link to the hearing playback.
https://austintx.new.swagit.com/videos/385884
June 2026
The Protect Circle C Coalition met with District 8 City Council Member Paige Ellis, her staff and key department staff from City of Austin that are involved in this zoning matter. Paige Ellis affirmed her support of a postponement.
Stratus Town Hall was held at the Circle C Community Center on June 18th.
Protect Circle C Coalition & Board Workshop was held on June 22nd.
A workshop, or informal meeting, was held at the request of the Protect Circle C Coalition and attended by two CCHOA Board members. The goal was to discuss Board support and finding potential solutions to the traffic and safety issues that will be generated by the Tract 110 development.
July 2026
Austin City Council was expected to consider the proposal on July 23, 2026. A request for postponement has been granted and it is expected that the City Council will hear this case on September 10th.
September 2026
Austin City Council is expected to consider the proposal at the September 10, 2026 City Council meeting.
Last updated 6/29/26. Future updates and public meetings will be added as they occur.