Right now Second Street stops at San Antonio Street, but city officials hope to change that by 2015.
The city will spend $16 million to extend Second Street through the old Greenwater Treatment Plant and over Shoal Creek. The project includes bridge and trail improvements. The developer who purchases the Greenwater property will build and develop the rest.
"It's always been the intent to connect the grid," City of Austin spokesperson Cynthia Jordan said. “We're very, very excited about what it will allow to pull the public from the Second Street District, City Hall etc. and bringing it to the redeveloped Seaholm Power Plant building."
The power plant will also be getting a new neighbor. The new central library will be just north of Cesar Chavez Street, next to the Seaholm Substation.
"They'll be lots of reasons to come across the bridge," Jordan said.
West Avenue will be extended south to Cesar Chavez Street, and there will be more options to connect the action on both sides of the creek.
Trammell Crow Company is slated to buy the Greenwater Treatment Plant property from the city. Officials said the deal will be finalized by the end of the month.