At a Chamber of Commerce meeting last week, Adler announced his new plans for a potential mobility bond, and made the pitch that transportation improvements are necessary to improve affordability in Austin.

Highlights of the mayor’s mobility bond proposal include:

• Building smarter corridors along North and South Lamar, Airport Boulevard, Guadalupe, Riverside, Burnet, MLK East/FM 969.
• Improving these smart corridors with turning lanes, smart traffic lights that can be adjusted with traffic or weather, bus pullouts into curbs and sidewalks, and protected bike lanes.
• Increasing density along these smart corridors for housing from all different price points (without impeding on local neighborhoods).
• Fixing transportation bottlenecks at 360, Parmer Lane, Brodie and others.

Overall, Mayor Adler’s proposal would add up to a $720 million bond election in November. A bond of that size (if approved) would increase the average property tax bill in Austin by a little less than $5 a month. The mayor’s proposal will be presented to City Council this week. More info>>