Drenner Group

Central Austin Management Group’s plan to develop 742 apartments and 535,000 square feet of commercial space for Austin’s creative community has advanced despite neighborhood concerns about gentrification in East Austin. At a Nov. 9 Planning Commission meeting, some residents opposed the project over fears of rising housing costs and insufficient community benefits, though the commission…

Central Austin Management Group plans a 21-acre mixed-use development in East Austin, featuring 742 apartments—10% affordable for those earning 60% of the area’s median income—and up to 1 million square feet of commercial space. The project will include offices, retail, restaurants, and spaces for creative industries, with 10,000 square feet offered at reduced rent to…

Austin-based Lincoln Ventures LLC has unveiled plans for a striking 49-story residential tower at 80 Rainey St., with construction anticipated to begin in summer 2022 and completion by 2025. The project will feature 644 rental units, including 20 affordable housing units, alongside ground-floor retail, dining spaces, and a coffee-to-cocktail concept. Public amenities include an 11th-floor…

Minneapolis-St. Paul-based United Properties is making its Austin debut with plans for a 280-unit apartment project on South Congress Avenue near St. Elmo Public Market. The proposed five-story development at 4329 and 4341 Congress Ave. will feature 5,500 square feet of ground-floor retail and restaurant space but will require the demolition of the St. Elmo’s…

A nearly 60-acre site in North Austin, formerly home to a 3M Co. manufacturing plant, is set for a major transformation. Real estate developers Trammell Crow Co. and Karlin Real Estate LLC plan to redevelop the property at 11705 Research Blvd. into a 1.2 million-square-foot office park, dubbed “Duval.” The project, slated to include five…

Indiana-based developer Milhaus is planning a transformative 110-acre mixed-use project near Round Rock’s Dell Diamond and Kalahari Resort, with an estimated investment of $250-$300 million. Dubbed the Kenney Fort North PUD, the development could include up to 1,500 housing units, retail spaces, maker areas, and 25 acres of parks and open space. The first phase,…

Plans for a 51-story tower at 90 and 92 Rainey Street, once slated to include both hotel and residential space, have shifted in response to the ongoing impacts of the Covid-19 pandemic. Developer Kevin Burns, citing challenges in hotel financing, has decided to focus solely on residential units with ground-floor space for businesses. The revised…

Development in Austin’s Rainey Street Historic District continues to accelerate, with two major projects under consideration by the Austin Design Commission. The East Tower, a 41-story residential high-rise, aims to provide 284 units with affordable pricing for the area, targeting prices between $499,000 and $999,000. This development is seeking a density bonus to increase its…

The Austin Zoning and Platting Commission approved plans to redevelop surface parking at 7700 Parmer, a 129-acre business park in North Austin, into a mixed-use development with 1,800 multifamily units, a 340-room hotel, and 80,000 square feet of retail space. The project, which will begin in 2024, will increase the site’s total square footage and…

Developers aiming to secure a density bonus for the River Street Residences, a proposed 48-story residential tower on Rainey Street, have cleared an initial hurdle with the Austin Design Commission, though not without critique. The project, set to replace beloved bars Javelina and Craft Pride, plans to include ground-floor retail and potentially accommodate the displaced…