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Waterloo Park, the first phase of the new Waterloo Greenway urban parks system, will open this August. (Waterloo Greenway)

Waterloo Park, the first phase of the forthcoming Waterloo Greenway urban parks system, will open to the public in August.


Ground broke on the 11-acre park, which is bordered by East 15th, Red River, East 12th and Trinity streets, in 2017. It will include a spacious lawn, playgrounds and the 5,000-person-capacity Moody Amphitheater.

The area already has events lined up after its opening. Starting in September, the park will host free monthly live music performances, as well as a Día de Los Muertos Festival in October, an Asleep at the Wheel 50th anniversary reunion show, the seventh annual Creek Show in November and a two-night, holiday-themed cinema event.

Since 1978, Waterloo Park has hosted many iconic Austin events, including Spamarama and Fun Fun Fun Fest.

"The reopening of Waterloo Park represents a bridge between Austin's past, present and future," Interim CEO Kathy Miller said in a press release. "We're honoring the culture of the area, while building a place that is a vital part of what Austin will become."

(Waterloo Greenway Conservancy)

The 10-year, 35-acre Waterloo Greenway project will run 1.5 miles along Waller Creek from 15th Street to Lady Bird Lake when it's completed. It is the result of a public-private partnership between the city of Austin and the Waterloo Greenway Conservancy, a local nonprofit. Its estimated total cost is $250 million, of which approximately $150 million the city committed.

The second phase will be an overhaul of the Creek Dela portion, which includes nine acres between Lady Bird Lake and 4th Street. It is expected to be completed in 2023.

The last phase includes the middle section of the park system, from 4th to 11th streets, as well as Palm Park, which abuts the Fairmont Austin hotel and the I-35 frontage road, and Pontoon Bridge, which spans Lady Bird Lake. It will be completed in 2026.

Waterloo Greenway is named after the city's original moniker, Waterloo. It is also the name of a city in Belgium, combining "water" with the Flemish word "loo," which means "sacred wood."

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