• The Oil Heating Building along with the first phases of the Turbine Generator Building and
  the Water Intake Building are completed.
  
  

• The second phase of Turbine Generator Building and the Water Intake Building are finished.
  
  

With five boilers generating a combined 100 megawatts, Power Plant No. 2 serves as the
sole source of power for the City of Austin.

The plant is dedicated posthumously to former Austin Director of Utilities and City Manager
Walter E. Seaholm.

City of Austin’s Historic Resources survey targets Seaholm for its highest priority rating of
a building to be preserved.

Seaholm ceases generating power, effectively retiring it from use, though it continued to be
used as a training facility.

Boiler 8 was shut down at 5:18 pm on July 28, 1992, marking the final stopping point of
power generation at the site.

The Austin City Council authorizes the plant’s decommissioning in preparation for
redevelopment, and the remaining three generators are shut down.

Environmental clean-up of hazardous materials begins.

The Seaholm Reuse Planning Committee publishes a report stating their belief that the
building is ideally suited for reuse as a major civic venue.

City of Austin, in conjunction with outside experts, generates a redevelopment master
plan that offers recommendations for the future area surrounding the power plant facility.
Then, the City begins to seek a financial partner for the redevelopment.

Seaholm Power LLC, the development team led by Austin-based Southwest Strategies Group,
is selected to redevelop the historic power plant and surrounding land.

Seaholm is deemed “Ready for Reuse” by the U.S. Environmental Protection Agency and the
Texas Commission on Environmental Quality. Seaholm is the first facility nationwide to
receive this designation under the federal Toxic Substance Control Act after a nine-year,
$13 million clean-up of hazardous materials.

The Austin City Council approves a Master Development Agreement with Seaholm Power LLC,
enabling a $100 million+ project to move forward. Later in that same year, the Austin City
Council approves a Tax Increment Financing Reinvestment Zone, calling for it to contribute
100 percent of its property tax on the increase in value of real property within the zone for a
period of 30 years to be used for improvements within the zone.

Travis County also joins the Tax Increment Financing Reinvestment Zone.

La Corsha Hospitality Group announces Boiler Nine Bar + Grill concept to be located within a
boiler inside the Seaholm.