River Park, the massive 109-acre mixed-use development by developer Presidium Group and global private equity firm Partners Group, envisions the construction of roughly 10 million square feet of apartments, offices, hotel, and retail space over the next 10 to 20 years near the intersection of East Riverside Drive and Pleasant Valley Road. It’s a stone’s throw from the ever-expanding Oracle corporate headquarters…
mixed-use
Downtown’s Defunct HealthSouth Redevelopment Prepares Its Comeback
The failure of the agreement between private developers Aspen Heights Partners and the City of Austin’s Economic Development Department to construct two residential towers containing hundreds of market-rate and affordable housing units on 1.73 acres of city-owned downtown land formerly occupied by the HealthSouth rehab hospital at 1215 Red River Street was one of the more quietly depressing…
Riverside Place Could Be Austin’s Next Big Strip Mall Redevelopment
A demolition permit filed with the city earlier this month could point to a redevelopment of the Riverside Place shopping center in Southeast Austin. Located at 2410 East Riverside Drive near the intersection with South Pleasant Valley Road, the approximately 10-acre strip mall was purchased in 2019 by an LLC associated with local development firm Endeavor Real…
Twin Oaks Redevelopment Bringing South Austin Nearly 1,000 New Homes
A redevelopment plan for the 10-acre Twin Oaks Shopping Center in South Austin by Dallas-based global real estate developer Trammell Crow Company and its subsidiary High Street Residential could bring nearly 1,000 new homes, a hotel, offices, and extensive new retail space to the 1950s strip mall located at the northeast corner of South Congress Avenue and Oltorf Street, according to…
Redevelopment Planned for South Austin’s Twin Oaks Shopping Center
A mixed-use redevelopment is currently in the planning stages at South Austin’s longtime Twin Oaks Shopping Center, according to a site plan filed with the city earlier this week. Located at 2315 South Congress Avenue, this midcentury strip mall has been owned since 2016 by beloved Texan grocers H-E-B, acquired as part of its redevelopment strategy for…
Reconsidering an Ocean of Asphalt at the Anderson Square Shopping Center
The owners of a longtime North Austin shopping center with one of the city’s most perpetually empty parking lots are currently weighing the possibilities of a denser redevelopment, according to a meeting of the Wooten Neighborhood Association earlier this month. The Anderson Square shopping center, located at the southwest corner of the interchange between Highway 183, West Anderson Lane,…