Thursday, April 26, 2018

North Austin Development

North Austin is the next place to see a ton of new developments, the Austin Business Journal reports. Office space, apartments, restaurants, shops, and even a soccer stadium could be on deck for the area.

Robinson Ranch is located in Northwest Austin on 7,000 acres. Zoning on the land allows something with much more density than downtown Austin. The land is large enough for ten Domains.

McCalla Place, which is currently owned by the city and is south of the Domain, is being touted as a possible location for a Major League Soccer Stadium. After public outcry caused the City Council to reject park space at Auditorium Shores and Roy Guerrero Park, attention turned to McCalla Place.

Adjacent to McCalla place, Capella Capital Partners LLC has plans to build twelve stories of offices and a twenty story apartment building that will have seven floors for parking and thirteen floors of actual units. The developer did not know about the possibility of a soccer stadium, but welcomes it as a draw for potential residents and workers.

The Domain will be seeing more construction as well, with The Domain Tower project. That project has been already completely leased by Indeed, Inc. Flatiron, a 5 story, 372 unit apartment building, will also be built close by. Currently the area is occupied by parking lots and older shorter buildings. That’s the south side of the mixed-use development.

On the North end of the Domain, Domain 11 will be almost completely occupied by HomeAway, Inc. when its 320,000 square feet of offices is finished in the Fall.

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Wednesday, April 4, 2018

New Development in Dripping Springs

A new Dripping Springs development will bring massive amounts of needed retail, office, and other businesses to the area, the Austin Business Journal reports.

The 35-acre development is called Blue Blazes Ranch and is about a mile from the Dripping Springs Vodka distillery on Highway 290. What exactly will be put on the property will be determined by demand, but the proposals include a hotel with 83 rooms, shops, medical offices, office space, and other commercial.

The developer has been in talks with a childcare provider, hotel, and other retailers.

The site is already prepared for construction to begin, with asphalt down, street signs in place, and 16 of the sites ready for building to start. Just one lot, a 12 acre site on the top of the hill, hasn’t been prepared yet.

Blue Blazes Ranch will have a 3.5 acre park filled with trails that will become public park land. That stipulation was already agreed upon with the city of Dripping Springs. 

Residential growth in the area has been explosive with over 1,000 homes within 2 miles of the planned development. Twelve more subdivisions are on tap for the area. Despite the residential growth, commercial has been slow to keep up and infrastructure such as stores, restaurants, and offices are desperately needed.

According to the US Census, about 15,000 residents live in the Blue Blazes Ranch zip code. However, with 11,600 new homes expected to be completed by 2025, the population is expected to grow exponentially. 

Are you looking to move to Dripping Springs, Southwest Austin, or anywhere else in the Austin area? Apartment Specialists can help! Our expert apartment locators know the Austin area and can find you the best deal on a new home that fits your budget, location, and lifestyle. Best of all, our services are absolutely free! Give us a call today at 512-241-1111.