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Development & business · Publication date, newest first · Page 22 of 26
Travis County Commissioners have approved a contract worth $35 million with Mobile Loaves & Fishes, a non-profit organization, for the development of housing for people experiencing homelessness. The Burleson Village complex will feature 640 housing units, which will be divided into two section
The Austin Housing Finance Corporation, The Vecino Group, and Caritas of Austin are collaborating on a $53 million affordable housing project called The Libertad Austin. The project will include 198 units in three four-story buildings located at 900 Gardner Rd. It will feature a variety of different
Smart Austin Realty Group is pleased to report that Prologis Inc. has announced plans to construct a five-building industrial complex on 75 acres of land along Brushy Creek Rd. in Cedar Park, Texas. The two parcels, one of 68 acres and one of seven acres, were sold by National Instruments Corp. Cons
The Morgan Group Inc. is set to begin construction on Pearl Burnet MF, a seven-story, 400,543-square-foot multifamily property located at 11901 Burnet Rd. in Austin, Texas. The project is expected to cost around $70 million and will be completed in February 2025. The 345-unit tower will feature a fo
Smart Austin Realty Group is pleased to announce that Ultra Hospitality LLC is developing two hotels on 6.1 acres in Manor. The first, a four-story Hampton Inn & Suites, will cost approximately $11.5 million and feature 100 rooms. Construction is scheduled to begin in June and be finished in Ju
EastGroup Properties will soon begin construction on a new development project in Round Rock, TX. 350 Texas Industrial, a 128,716-square-foot industrial building, will consist of two warehouses on nine acres of land located at 350 Texas Ave. Both warehouses will have 28-foot clear heights. Pross Des
Partners Real Estate recently sold six acres of land within The Commons at Rivery to Novak Commercial Development, who plan to build a four-story, 300-unit multifamily building with over 45,000 square feet of retail, service, and restaurant space. The first phase of the project is set to begin in th
Smart Austin Realty Group is excited to share that Apple will begin the second phase of construction on their Parmer Lane campus next month. The new building, called Capstone Phase Two AC09, will feature four stories and span 203,941 square feet, with an estimated cost of $120 million. It is schedul
Smart Austin Realty Group is pleased to share that construction is set to begin on Paseo, a 48-story, 557-unit multifamily tower in the Rainey Street District in Austin. The project, scheduled to begin in the first quarter of 2023, will offer one-, two-, and three-bedroom floor plans, with approxima
Tesla is making a major expansion to its Austin Gigafactory located at 1 Tesla Rd. The $717 million investment consists of four separate buildings. The largest of these is Cell 1, a 693,093-sf facility. The other buildings are a 423,032-sf Drive Unit, a 321,186-sf Cathode, and a 2,560-sf Cell Test L
Smart Austin Realty Group is excited to announce that IDI Logistics is developing the Sunrise Commerce Center, a 465,660-square-foot industrial project located at 2380 Oakmont Rd in Round Rock. The project will consist of two phases: phase one will include three buildings totaling 311,000 square fee
In October 2020, Leander, a suburb of Austin, Texas, announced plans for the Leander Springs project. This public-private partnership includes a 4-acre lagoon, up to 1,600 multifamily units, a hotel, and over 1 million square feet of commercial space. The project is being developed by Leander Spring
AUSTIN – DMA Development Co. LLC is developing Arbor Park, a $17 million senior-housing facility. The four-story project will have 147 units for adults aged 55+. Some units will be reserved for tenants making below 80, 50, or 30 percent of the area median income. It will have a large commun
GEORGETOWN – Bridge Logistics Properties has purchased 92.5 acres at 5501 S. I-35 for the development of a seven-building industrial property. Bridge Business Park will include at least one million sf of industrial space and 30,000 sf of office space. The two largest buildings will be 298,08
BEE CAVE – Nutrabolt has started work on its 75,000-sf headquarters facility. The HQ will be on 8.6 acres. It will have gym space areas for individual and team fitness. The project is a partnership with Riverside Resources. Opening is slated for 2024.
LOCKHART – Titan Development has broken ground on Building 1 at Lockhart 130 Industrial Park. The 167,794-sf rear-load facility will have 32-ft clear heights, 36 dock doors, and a 60-ft speed bay. Completion is slated for fourth quarter 2023. At full buildout, Lockhart 130 Industrial Park w
AUSTIN – Apple has filed plans for another project within its three million-sf Parmer Lane campus. The project, called Capstone Phase 2 AC12, will be a 33,000-sf multi-story building. It will cost around $22 million. Construction begins Oct. 1, 2024, and will wrap up in August 2025.
MANOR – DD&B Construction has purchased a 13.2-acre multifamily development site within the Las Entradas master-planned project. The project will have 200 units and 20,000 sf of retail space. Avison Young represented the seller, Las Entradas Development Corp. DH Realty Partners represe
AUSTIN – Presidium has broken ground on Presidium Tech Ridge, a 358-unit multifamily project on 14 acres at 1210 Tech Ridge Blvd. The project will have studio and one- and two-bedroom floor plans. Amenities include a pool, fitness center, game room, coffee bar, theater lounge, gold simulator,
BUDA – CLD Realty is developing Corner on Main, a 48,000-sf retail center on 5.7 acres at 2260 Main St. The $8 million project will have seven one-story buildings. It was designed by Runa Workshop. Construction begins in March 2023 and will last a year.
AUSTIN – Endeavor Real Estate Group is redeveloping the former _Austin American-Statesman_ headquarters at 305 S. Congress Ave. into a 3.5 million-sf mixed-use project. Plans call for 1,378 residential units, 1.5 million sf of office space, a 275-room hotel, and 150,000 sf of retail and restaura
AUSTIN – Inspire Development Real Estate LLC has broken ground on The Eden, a 306-unit multifamily complex. It will have one-, two-, and three-bedroom apartments ranging from 678 to 1,511 sf. Amenities will include a fitness center, rooftop lounge deck, golf simulator room, dog spa, coworking lo
AUSTIN – Trammell Crow Company is developing a 20-story apartment tower in The Domain. The $145 million project will span 700,000 sf across 416 units. Amenities will include a fitness center, amenity deck, and clubroom. ESG designed the building. Construction begins in April 2023 and will tak
AUSTIN – Blakefield is developing Thomas Ranch, a 2,200-acre master-planned community near Lake Travis. The multi-phase project will have thousands of homes, apartments, a resort hotel, and 250,000 sf of retail, dining, and office services. Construction begins in 2023.