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"The District mixed-use project moving forward even bigger than originally planned"

Austin Business Journal reports, "one of the region's most-anticipated projects is back on track — and much bigger than previously planned.

Eight years ago, Mark IV Capital, a Newport Beach, California-based commercial real estate firm, purchased a 66-acre plot near Interstate 35 and the State Highway 45 toll road for a project known as The District. But the plans subsequently stalled, mostly due to shifting market conditions stemming from the coronavirus pandemic.

Since then, the size of the project has more than doubled. The District is planned as a $500 million investment that will result in 3 million square feet of development and a minimum of 5,000 jobs at full buildout in 2039. Original plans called for 1 million square feet by 2039 and a…

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"Horseshoe Bay Resort sells out latest condo project as it continues to evolve"

Austin Business Journal writes, "the Jaffe family’s Horseshoe Bay Resort west of Austin keeps growing, and demand for the lakeside living there is apparently strong.

One new project at the resort, a three-tower condo called Waters Lakeside, has seen all 60 units pre-sold, according to a recent announcement from Legacy International, the broker for Horseshoe Bay Resort Realty. The condos started at $800,000.

Waters Lakeside broke ground in 2021, said Mandy Van Streepan, Legacy's chief operating officer. The development consists of three towers with 20 condos each, with the first set for a March move-in date. The second and third towers will open between April and May. The condos all have three bedrooms and range from 1,500 to 2,300 square feet,…

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"These towers could raise the bar for North Austin's skyline"

Austin Business Journal writes, "while The Domain and its surroundings are often referred to as Austin’s second downtown, buildings there have never reached the heights of the Central Business District. But that may be starting to change.

In February, Austin City Council approved revised building regulations for the region known as North Burnet/Gateway that allow for denser and taller construction up to 491 feet, or about 45 stories. The previous limit was 360 feet.

While some towers were already planned to reach 300 feet in this area, more recent projects are stretching toward the new upper limit of construction,

"They are responsive to energetic growth in this area of my district," said Council Member Leslie Pool, who represents District 7,…

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"Meet Verde Square, Giving Austin’s Soccer Stadium a Brand New Skyline"

Towers reports "with new towers and height-friendly rezonings throttling up the pace of growth around the Domain area of North Austin all the time, it’s kinda hard to keep up with everything planned here — but there’s one upcoming project you really ought to know, since it’s one of the most promising steps in this ongoing experiment of converting the suburban sprawl around the intersection of Burnet Road and Braker Lane to an almost downtown-like urban environment.

Verde Square, planned by local firm Ironwood Real Estate in partnership with Austin-obsessed global real estate firm Karlin, imagines a four-building complex on more than six acres of land along Burnet Road located just west of the new Q2 Stadium, taking full advantage of this…

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"Not just 'another luxury golf community': Thomas Ranch could add thousands of homes, urban node west of Austin"

The Austin Business Journal reports, "a massive master-planned community could be coming to the border of Travis and Burnet counties.

Salt Lake City-based Areté Collective LP announced Dec. 4 plans for Thomas Ranch, a 2,200-acre neighborhood that could rise along State Highway 71 near Spicewood. It would feature a dense urban core that developers hope to anchor with a major grocer, plus thousands of housing units across multiple types of residences and price points, a school, health care options, a resort hotel and a golf course designed by the mind behind the newest addition to the world's oldest course — The Castle Course at Scotland’s St. Andrews Links.

“What we are trying to do is build an inclusive, livable community,” Areté Collective…

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Grand plans, deep-pocketed backers revealed for what will be tallest building in Austin — and all of Texas

The skyscraper being constructed at 98 Red River St. in downtown Austin, which is set to be the tallest building in both the city and state when complete, finally has a name: Waterline.

In addition to its official moniker, the development team revealed Sept. 6 a slew of additional details about the project, which is set to take the skyline to new heights. That included a breakdown of space within the hotel-office-residential tower and community benefits like pedestrian access and a seven-figure donation to the nearby trail system.

"Downtown Austin offers one of the most dynamic markets and skylines in the nation, and we're excited to help drive its ongoing transformation," said Seth Johnston, senior vice president in Austin for Dallas-based…

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