The Grove has cleared its final regulatory hurdle, allowing construction to begin on the $500 million mixed-use project that was first announced more than three years ago.
The developer, ARG Bull Creek Ltd., anticipates a June groundbreaking for the 75-acre Central Austin site.
On Tuesday, the city of Austin’s Zoning and Platting Commission approved the preliminary plan and final plat for the development by a consent agenda vote without any discussion. The project will be built on land bounded by Bull Creek Road, West 45th Street and Shoal Creek.
“For several years, we worked diligently with the community and labored through the city process to plan a project that will be superior in every way,” said ARG co-owner Garrett Martin. “We are happy the commission had all their questions answered and the Grove subdivision was approved tonight. More than 7,000 people have expressed an interest in purchasing a home at the Grove, and we look forward to building the project to serve them as soon as possible.”
The Grove is zoned for 1,550 houses and apartments. The market-rate housing is expected to start in the $400,000 range. In addition, 194 units of more moderately priced housing are planned, with prices projected to range from $200,000 to $230,000. The developer has said the affordable housing is intended for teachers, nonprofit employees and police, fire and emergency medical personnel.
In addition to housing, the project calls for retail, restaurant and entertainment options, as well as trails and parkland.
The developer bought the land from the Texas Department of Transportation in December 2014, paying nearly $47 million.
The Grove won approval for a planned unit development, or PUD zoning, in December 2016, after a nearly two-year process through the city. The project drew intense opposition from some surrounding neighborhoods, although it was supported by new urbanist groups.