Richman Group Subsidiary Plans Hundreds of Apartments near Austin Airport
Richman Southwest Development LLC, a subsidiary of The Richman Group, plans to build a mixed-use development on a 10-acre site near Austin-Bergstrom International Airport. The project will include approximately 280 apartments, with some units designated as affordable for households earning 70-80% of the median family income. The development will also feature green space and is part of an area undergoing a transition from industrial to mixed-use zoning. The rezoning request has been recommended by the Planning Commission, and the development is expected to benefit from nearby amenities, including the Bergstrom Spur Trail and a future light rail station.
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Austin real estate: Richman Group unit plans apartments near airport – Austin Business Journal
