Get ready, Central Texas! Wood Partners has recently acquired 26 acres of land in Bastrop for the construction of a remarkable 650-unit multifamily project. This development promises to be a game-changer for the local real estate market, with its prime location as part of a larger mixed-use development by Pearl River Cos. Avison Young has successfully represented Pearl River Cos. in the disposition of this land. Construction is expected to start soon and will last for approximately 24 to 36 months. If you’re considering a move to the Austin area, don’t miss out on this fantastic opportunity. Check out our [Austin Home Search](https://austin.localteam.ai/austin-home-search/) for more information on available homes, or read our [Ultimate Relocation Guide](https://austin.localteam.ai/moving-to-austin-texas-the-ultimate-relocation-guide/) if you’re thinking of relocating to Austin. Curious about your current home’s value? Visit our [What’s My Home Worth](https://austin.localteam.ai/what-is-my-home-worth/) page for a professional consultation. Original article can be found [HERE](https://www.recenter.tamu.edu/news/newstalk-texas/?Item=29054).