Community Impact Austin reports, "Dallas Stars owner Tom Gaglardi has chosen Austin and Cedar Park for the first two projects under his newly launched development company Northland Living.
Some background
A sister company of Northland Properties, which focuses on hotel and resort project development, Northland Living focuses on residential towers and mixed-use communities, according to a news release.
Tony Kaleel, who led the development of 44 East Avenue, is at the helm of Northland Living, serving as the president and chief operating officer.
The details
The first project in the Austin area is a downtown residential condo tower planned on a 0.81-acre site just west of the Texas state Capitol near 14th and Guadalupe streets.
Following closely behind the downtown residential condo towers development is a mixed-use project in Cedar Park. Northland Living purchased 40 acres of land between the H-E-B Center and the New Hope development.
Plans for the downtown residential condo tower and the mixed-use Cedar Park projects are still in the early stages, officials said.
Notable quote
“We plan to delve deeply into local economic and demographic trends, then make a positive impact on the communities where we invest and develop,” Kaleel said in the release. “Texas has always had an entrepreneurial mindset and grown in consistent ways. We look forward to making beneficial contributions.”"
Source: Community Impact Austin
Published: December 21, 2023
Written by: Amanda Cutshall
Posted by Grossman & Jones Group on
Leave A Comment