According to this post by Tim, the city council sent out invites for the opening of Austin's first public skatepark. The opening will be at Mabel Davis park on Saturday, December 3rd at 1:30pm.

And austinpublicskatepark.org posted recent pictures of the continuing construction of the skatepark, and things look great. After much waiting, it looks like we're finally going to get our first public skatepark (and an awesome one, at that).