1. Mueller Redevelopment

2. Vision Goals Vision and Goals
Mueller will be an interactive mixed-use community,
including residential neighborhoods, retail shops and
services, and commercial offices
Mueller will be a model for responsible urban planning
and development
Goals
-Fiscal Responsibility Diversity & Affordability
-East Austin Revitalization Neighborhood Compatibility
-Economic Development Sustainability

3. Development Program Current Density Overview:
Institutional
Retail
Greenspace
Commercial
Residential
Infrastructure
Current Density Overview:
5,700 multi- and single-family homes
4.4 millions sf of commercial including:
1.9 million sf of institutional
1.3 million sf of office
750,000 sf of retail
435,000 sf of other development
140 acres of parks and open space 3

4. Mueller Now Parks and Open Spaces Homes Commercial 5 parks complete
Over 75 acres of parks and open space in use
3 miles of trails complete
Homes
Approximately 800 single-family homes complete
642 apartments complete
Nearly 1,500 families living in Mueller
Commercial
400,000 sf of retail complete
1.3 million sf of commercial & institutional space complete
45 businesses open
2 corporate headquarters open
Over 3,300 employees working in Mueller

5. Residential Mixed-Income Community Diverse housing types/prices
Yard and Row Homes
Shophouses
Condos – Loft & Mansion-style
Apartments / mixed-use buildings
Affordable Homes Program
25% of total homes
30% - 80% MFI qualifying
Interspersed and indistinguishable
JMF notes: The top photograph is of the first multi-family project, Mosaic, constructed in Mueller. A second phase is slated to begin construction this year.
The bottom image is an illustration of one of the multi-family Mueller houses, just under construction now along parkway running generally east-west through the neigborhood.
Density per Acre: 10~20 du/ac
MFI Chart for Austin, TX
Household Size
60% Median Income 29,850 34,150 38,400 42,650 46,050 49,500 52,900 56,300
80% Median Income 39,850 45,500 51,200 56,900 61,450 66,000 70,550 75,100
Mueller Foundation
Created to promote long term affordability
Shared appreciation or shared equity program
Mueller foundation places a second lien on an affordable home that matches the purchase price to the appraised value at time of purchase
When home is sold Mueller Foundation retains first right of refusal
If it is sold to a market purchases the Mueller Foundation is paid back the second lien and shares the profit based on % of orginial lien to home price
Example:
Affordable price is $150,000 but appraised value is $200,000
Mueller Foundation lien is $50,000 or 25%
House is resold at $250,000
Mueller Foundation is repaid the $50,000 lien plus 25% of profits or $12,500
Affordable seller makes $37,500 in profits

6. Affordable Homes Program
MDA Requirements
Catellus to provide 25% of all housing for affordable-qualifying families
80% MFI for-sale
60% MFI for-rent
Catellus to work with AHFC to increase the affordability and duration and to find funding sources
Affordable-qualifying homes indistinguishable & interspersed in Mueller
Achievements to Date
183 affordable homes sold
73 more affordable homes are underway
115 affordable apartments leasing;
30 more affordable apartments under construction

7. Wildflower Terrace 201 unit Senior Affordable Housing Development
171 Affordable Units (30-60% MFI)
3  Affordable Units (80% MFI)
27 Market Rate Units
Financing
City of Austin General Obligation Bonds
9% Competitive Low Income Housing Tax Credits
Third-Party Financing
Deferred Developer Fee Note
Architecture governed by Mueller Design Guidelines

8. Multi-Modal / Transit-Oriented
Infrastructure planned for future transit
Planned urban rail stops within Mueller
Commuter rail within 1 mile of Mueller
Site served by multiple bus routes
Corridors planned for rapid bus transit, bicycles, pedestrians
Most residents and workers will be less than 10 minutes walk to transit
Streets designed to distribute traffic to minimize impact on neighborhoods

9. Economic Impact MWBE Jobs Financial Impact Affordable Housing
Extensive program to encourage minority-, women-owned construction, design & other business opportunities
Jobs
Over 13,000 full time jobs on site
Over 11,000 construction jobs
Financial Impact
$5 million annual tax revenue to the city
$60 million of tax revenue; $1 billion tax base
100% debt financing repaid with on-site tax revenues
$175 million in public infrastructure
Affordable Housing
25% (over 1,200) commitment to affordable homes interspersed throughout Mueller for-sale and for-rent homes
Sustainability/Green Building
Green Building Program and requirements for builders 9

10. Mueller as a National Model
Sustainable Development
2007 U.S. Green Building Council, Denver
2008 Congress of the New Urbanism, Austin
2008 Urban Land Institute Greenbuild, Boston
Public / Private Partnership
2009 Urban Land Institute, Los Angeles
Affordable Housing
2008 Shared Equity Symposium, Portland
2008 Models of Excellence Study – ULI Terwilliger
Awards
2001 Charter Award – Congress of the New Urbanism
2005 Award for Municipal Enrichment – National League of
Cities
2008 Envision Central Texas – Community Stewardship for
Redevelopment
2009 Excellence in Economic Development – IEDC
2010 Livable Cities Vision Award for Esthetics
National and International Visitors
Civic and business leaders; students and researchers