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Property Details for Fair Market 2.0


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1121 E. 7th Street LLC
Private
255575
1121 E. 7th Street AUSTIN, TX 78702
.87
194830
30.265163001727856 / -97.7305219684404
35
Williams, Denise
Williams.Denise@epa.gov
214-665-9749


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Property Location



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Property Progress


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CAs Associated with this Property

CA NameCA #StateTypeAnnouncement Year
City of Austin dba Austin Resource RecoveryBF01F96301TXAssessment2021


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Assessment Activities at this Property

ActivityEPA FundingStart DateCompletion DateCAAccomplishment Counted?Counted When?
Phase I Environmental Assessment$8,266.2501/10/202304/07/2023City of Austin dba Austin Resource RecoveryYFY23


Is Cleanup Necessary? Unknown
EPA Assessment Funding: $8,266.25
Leveraged Funding:
Total Funding: $8,266.25


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Climate Adaption and Mitigation - Planning or Assessment

Selected Strategy(ies)Explanatory Text
N/AThis property does not incorporate planning or assessment activities to address impacts from extreme weather events and natural disasters. If no activities were incorporated, select this option.


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Contaminants and Media




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Cleanup Activities

There are no current cleanup activities.


Cleanup/Treatment Implemented:
Cleanup/Treatement Categories:
Addl Cleanup/Treatment info:
Address of Data Source:
Total ACRES Cleaned Up: .87
Number of Cleanup Jobs Leveraged:
EPA Cleanup Funding:
Leveraged Funding:
Cost Share Funding:
Total Funding:


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Climate Adaption and Mitigation - Demolition or Cleanup

Selected Strategy(ies)Explanatory Text
N/AThis property does not incorporate demolition or cleanup activities to address impacts from extreme weather events and natural disasters. If no activities were incorporated, select this option.


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Institutional and Engineering Controls

U


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Redevelopment and Other Leveraged Accomplishments

There are no current redevelopment activities.


Number of Redevelopment Jobs Leveraged:
Actual Acreage of Greenspace Created:
Leveraged Funding:


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Climate Adaption and Mitigation - Redevelopment

There is no data for Climate Adaption and Mitigation – Redevelopment


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Additional Property Attributes

The leasing entity, 11E5, LLC, is currently requesting a Section 8 HUD Loan for the property of $830,168 from the City. The City and HUD require a Phase I ESA to document that there is no open exposure being created through the redevelopment.
The property is going to be redeveloped as an unbranded event space which will employ 10 people. The redevelopment plans include providing bathrooms, a catering kitchen, event lighting, audio and visual equipment and air conditioning. The space is adjacent to a small hotel that is going to partner with the event space. The Section 8 HUD funds ($830,168) will be used for the redevelopment as well as some equity ($1,245,252).
Commercial (.87)


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Release 3.0.2