Round Rock City Council approves property exchange in street widening project
The property is exchanged for a coin already owned by the city as part of its project to widen the university boulevard. (Courtesy of the Town of Round Rock)
Round Rock City Council voted unanimously to approve the exchange of approximately 0.5 acres of land to widen the intersection of Mays Street / Oakmont Drive and University Boulevard at its July 8 meeting.
Ownership will be exchanged with ICU Medical, located at 2820 Oakmont Drive. An additional $ 2.156 million will be spent by the city to cover the construction costs of the reconfiguration of the facility so that the street can be widened, thereby reducing congestion at the Mays / Oakmont intersection.
Transportation manager Gary Hudder said at the July 6 package board meeting that the property is currently functioning as the owner’s supply entrance and loading dock. These will be moved to another side of the building that does not face Oakmont, also known as Mays, on property currently owned by the city.
The other option considered to create additional access to the university, Hudder said, was part of the Walgreens parking lot across the street at 4081 N. Mays St., which would have left the town with a much higher bill.
“We would have had to do what’s called damage to the rest,” Hudder said. “Basically, we should have paid them for the entire commercial operation. It was over $ 5 million. They could still have stayed there and operated; we would have just financed the fact that our damage by removing the parking lot was so extensive it impacted the building operations.
These Type B funds will come from Round Rock Transportation Economic Development Corp., according to the meeting record.
This is only a small part of the city’s expansion plan for the University, which will be a six-lane, mid-divide urban artery, according to the city. At the Oakmont and University Oaks intersections, double-turn lanes will be added.