East Riverside-Oltorf is a sprawling community located in Austin, Texas. It is located southeast of city's urban core.
The neighborhoods of East Riverside, Parker Lane and Pleasant Valley neighborhoods together form the East Riverside-Oltorf Combined Neighborhood Planning Area. The region is bounded on the north by Lake Lady Bird, to the east by Grove Boulevard and the Montopolis neighborhood, Texas State Highway 71 and the McKinney neighborhood to the south, and Interstate 35 and South River City to the west. East Riverside, Parker Lane and Pleasant Valley were selected by the Austin City Council in 2003 to become a Combined Neighborhood Planning Area.
East Riverside Drive is a highly traveled roadway located a few minutes from Downtown Austin, but was until recently a neglected area of Austin. In addition to being a primary route between Downtown Austin and the Austin Bergstrom International Airport, the City of Austin has deemed it an important corridor for development. Recently there has been significant interest in redevelopment of several large properties in the area.
According to data from the U.S. Census Bureau, area population totaled 50,133 in 2009. There are 6,504 people per square mile, more than double the citywide average of 2,610. The median age is 25 years and the median family income is more than $27,884 a year.
There are many business districts in the community. East Riverside between South Lakeshore and Pleasant Valley Road is lined with apartments, strip malls and local businesses anchored by a 102,000 square-foot H-E-B on the eastern edge. East Oltorf between I-35 and Burton Drive is also lined with many businesses. Additionally, Advanced Micro Devices recently relocated to the area.