Austin

Georgetown Plans Second Downtown Parking Garage

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Published on May 28, 2026
Georgetown Plans Second Downtown Parking GarageSource: Google Street View

Parking in downtown Georgetown could soon feel a little less like a scavenger hunt. The city is moving ahead with plans for a second downtown parking garage at the city-owned lot near East Ninth and South Main, a new structure officials say will serve both the Texas Municipal League and downtown visitors. City staff sketched out the partnership at a City Council workshop on May 26, 2026, framing the project as part of a broader downtown growth strategy. The facility is expected to add hundreds of spaces, include ground-floor retail and oversized stalls sized for trucks and SUVs, and replace an existing surface lot. If the schedule holds, full construction would begin in 2027 with an early-2029 opening.

Partnership with the Texas Municipal League

In connection with TML’s planned Texas Municipal Center, the city is exploring a shared-cost arrangement with the TML Intergovernmental Risk Pool that city leaders say would supply weekday parking for TML staff and public parking on nights and weekends, according to CPM Texas. The owner’s representative page notes that the center will be built at the former Wesleyan building and that a nearby garage has been discussed as part of the project’s site strategy.

Costs, capacity, and schedule

City and TML officials told the council that TML would cover the majority of an initial block of stalls, funding five-sevenths of the cost for about 200 spaces, while the city would cover its share with Georgetown Transportation Enhancement Corporation sales-tax funds, Assistant City Manager Nick Woolery said, according to Community Impact. The conceptual design would create 448 new parking spaces in total, remove the lot’s current 134 surface stalls, and reserve roughly 30 percent of the bays as oversized stalls for larger trucks and SUVs. Officials said full construction is anticipated to begin in 2027, ahead of an early-2029 opening.

How it fits the downtown master plan

The second garage follows the city’s first downtown structure, a four-level mixed-use garage that added about 315 stalls near the Square, and is meant to work with broader efforts to keep downtown walkable and commercially active. The first structure, which includes storefront and office space, reached substantial completion last year, according to contractor Swinerton. The city’s 2024 Downtown Master Plan emphasizes shifting curbside space into sidewalks and programmed public space to support retailers and events, according to the Downtown Master Plan 2024, and leaders say the new garage is meant to offset those changes by concentrating parking and adding ground-floor uses.

Next steps

Officials said the partnership still needs final design approvals, a formal financing agreement, and permitting before any ground is broken, and leaders said they will return to the council with specific cost estimates and lease or sale terms. The Georgetown Transportation Enhancement Corporation, the city’s 4B sales-tax vehicle, must hold public hearings before those funds are committed, according to the City of Georgetown. City staff told the workshop they expect to refine cost estimates and design through 2026 so the project can enter the engineering and permitting phase in 2027.

Austin-Real Estate & Development