Capital Metro has announced that Momark Development LLC President Terry Mitchell has been selected by the Capital Area Metropolitan Planning Organization (CAMPO) to serve on the transit agency’s board of directors. He is scheduled to be sworn in at the Capital Metro board meeting on March 24.
In February, CAMPO was charged with filling the board position vacated when previous board member Frank Fernandez left for a new position in Atlanta.
Terry Mitchell’s career in real estate financing and development spans 34 years. He has served as president of Momark Development LLC since 2003, where he is involved in the planning and development of residential and mixed-use real estate projects.
Prior to his work at Momark, Mitchell was vice president of Milburn Homes in Austin, where he was responsible for land acquisition and development. He began his tenure at the company as general counsel, responsible for decisions affecting all of the company’s legal issues including land acquisition, land development, corporate planning and internal procedures.
Earlier in his career, Mitchell was a senior associate at Pillsbury, Madison & Sutro in San Diego, where he handled real estate transactions and development. He also served as an associate at Jones, Day, Reavis & Pogue in Austin and Los Angeles where he was involved primarily in large real estate transactions, and as an associate at Kelly, Hart & Hallman in Ft. Worth, where he was responsible for a range of real estate activities.
Mitchell is active in a variety of civic and community organizations, including the Greater Austin Chamber of Commerce where he served as immediate past board member and former transportation committee chair, and the Real Estate Council of Austin (RECA), where he was a board member for 12 years, and also held the positions of president and treasurer.
“I am very pleased with the appointment of Terry Mitchell to the Capital Metro board,” said Capital Metro President/CEO Linda S. Watson. “Both our agency and our city are going through a great period of growth, and Terry’s proven abilities in financing, land development and operations management will be great assets on the board.”
Mitchell has a Bachelor’s of Business Administration in accounting from The University of Texas at Austin, an MBA from St. Edward’s University in Austin and a Doctor of Jurisprudence with Distinction from St. Mary’s University in San Antonio.
Capital Metro board members serve a three-year term.