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Developing the future, today.
Round Rock Crossing
A 450,000-square-foot power center located on the
Southeast corner of SH-45 and IH-35, Round Rock
Crossing required acquisition of eleven separate
land parcels as well as build-to-suit relocation
requirements for two land/business tenants. Round Rock Crossing
is in its third and final
phase of build-out with tenants including Target, Best Buy, Michaels,
Edwin Watts, Sports Warehouse and others. Total cost of the project
is approximately $45 million.
Guadalupe 31
A mixed-use project designed by Dick
Clark Architects, Guadalupe 31 is comprised of 38 condos above 18,000
square feet of boutique neighborhood
retail shops. The projects entitlement process required land assembly, re-zoning,
11 variances from Austin’s Board-of-Adjustment as well as TCEQ and Austin
Land Mark Commission approval. All permits were granted and construction commenced
within a 14-month period. Upon completion, the project will cost approximately
$10 million with a debt-free cash flow of over $500,000 per year. Visit the
website at www.guadalupe31.com
Bee Caves West
A 26,000-square-foot boutique retail development designed
by Dick Clark Architects, Bee Caves West is located in the heart of Westlake
Hills in Austin. The project’s permitting required an overlapping approval
process with the City of Austin, Travis County and TCEQ regulatory agencies.
The projects includes two buildings separated by tree canopies, crafted landscape
decks and open space. Total cost of the project is approximately $10 million.
507 Pressler
A joint venture with Gables residential, 507 Pressler is
a mixed-use project comprised of 160 luxury apartments above 27,000 square feet
of neighborhood retail shops. The project’s entitlement process required
land assembly, re-zoning, 11 variances from Austin’s Board-of-Adjustment
as well as TCEQ approvals. Total cost of the project is approximately $35 million.
Howard Lane Business Park
With approximately 400,000 square feet in the last
phase of completion, Howard Lane Business Park
is a 29-acre master planned business park for warehouses
and flex users. The park is located at the noretheast
corner of Harris Ridge and Howard Lane next to
Dell Computers' manufacturing center. It was originally
a 68-acre track which was acquired by CCP in July
2002. After securing various entitlements, 23 acres
is being sold to a residential developer and 3
acres will be sold as a commercial tract while
the Harris Ridge Business Center will be developed
by Capital City Partners, Inc.
Hartland Plaza Phase II
A 7-story, 120,000 square foot Class A office building
located on 5th Street and Campbell, Hartland Plaza
Phase II will be the tallest building West of Lamar
Street. Views will include Downtown, Zilker
Park, Lake Austin and Westlake Hills. The building
is designed by Communication Arts with delivery
date expected in 2009.
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