Council OKs major development deal, annexation to grow Austin's land area by more than 1%
Most future plans in the Dog's Head remain TBD, more to be outlined later this summer
Initial tenant will be "advanced manufacturing" by a Fortune 100 Co. (not data center or military use)
Austin is moving to annex the 4-square-mile Dog's Head "mega-site" on the Colorado River north of the airport, would support new mixed-use development there under 45-year agreement
Project could generate billions in property taxes, includes affordable housing and new trail/parks