Shops, restaurants, 390 apartments coming to ACC Highland site


Highlights

Retail and restaurant tenants haven’t been announced yet.

The two buildings nwill be situated on either side of what’s being called a ‘gateway green.’

More shops and residences are on the way to the former Highland Mall complex in Central Austin.

Newly announced plans for the property, now owned by Austin Community College, include two more apartment buildings with a combined total of 390 units, as well as 25,000 square feet of ground-floor retail space.

Retail and restaurant tenants haven’t been announced yet.

The two buildings, which will both be four stories tall, will be situated on either side of what’s being called a “gateway green” – a lush open space that’s slated to be the primary entrance to the property from Airport Boulevard.

They’ll join Elan Parkside, another mixed-use project on the ACC Highland site that’s nearing completion. Elan Parkside is set to have 300 apartments and 5,000 square feet of retail space when work wraps up.

ACC is partnering with RedLeaf Properties on the mall’s redevelopment.

“ACC is proud to be part of Highland Mall’s revitalization,” ACC president and CEO Richard Rhodes said. “What’s happening now is an important piece of renewal to our community. Together with RedLeaf, we’re building a thriving mixed-use development, and state-of-the-art learning is at the core. It’s an important investment in the future of the college and community.”

Out of the 390 new apartments planned, 39 will be set aside as affordable housing, according to RedLeaf.

“We’re excited about this development, which will bring even more housing opportunities, including more affordable housing, to a part of town that already has great transportation options,” RedLeaf principal Matt Whelan said. “It’s projects like these that help fulfill Imagine Austin and the community’s goals of a compact and connected city.”

RedLeaf is teaming with Greystar Real Estate Partners, a firm that has developed a number of residential projects in the Austin area, to build the apartments.

“All of us at Greystar are proud to be a part of this groundbreaking development,” Greystar managing director Derek Brown said. “The Highland redevelopment has become one of the most-anticipated real estate projects in Central Texas and a stellar example of a successful public-private partnership that results in a more thoughtful, more vital and more popular project for everyone involved.”

Lake | Flato and Meeks + Partners are architects for the two new buildings. Construction is expected to start late this year, with work projected to take about 18 months.

Amenities for residents will include a dog-walk area, swimming pool, fitness center and community room.

“There’s a lot happening now and on the horizon at Highland,” said Whelan. “We’re busy bringing on board new residential, new office, new retail and a new park while ACC is busy transforming the former mall into premium education space for its students and faculty. 2017 is indeed a big year at Highland.”



Reader Comments ...


Next Up in Business

Austin-area home starts up 13.1% in 1st quarter
Austin-area home starts up 13.1% in 1st quarter

Home construction continued to boom in Central Texas in the first quarter, with builders starting work on 13 percent more houses than in the same quarter last year, the latest figures show. “Austin continues to ride the wave of buyer demand into the spring selling season,” said Vaike O’Grady, Austin regional director for Metrostudy...
Once disruptors, ride-hail firms now ‘major player’ at Austin airport
Once disruptors, ride-hail firms now ‘major player’ at Austin airport

Roughly four years after ride-hailing firms began shaking up the ground transportation business at Austin-Bergstrom International Airport, the at-times contentious relationship between the airport and ride-hailing entities has reached a more settled point — one representative of the importance ride-hailing companies now have for ABIA. The four...
Texas business coalition challenges Austin’s sick-leave plan

The city’s new ordinance mandating that most private businesses in Austin provide paid sick leave to employees — heralded by supporters as the most progressive labor policy in Texas when it won approval two months ago — is facing a legal challenge to prevent it from ever taking effect. Proponents of Austin’s sick-leave rules...
More South Congress changes: Developer remaking complex
More South Congress changes: Developer remaking complex

More changes are taking place on Austin’s trendy South Congress Avenue, with the latest redevelopment underway at the site that houses the CityView at Soco apartments. The developer, Turnbridge Equities, is demolishing a four-story building at the front of the complex, which is at 1007 S. Congress Ave. The old building — which included...
NRA lobbyist claims Yeti is ‘engaging in damage control’
NRA lobbyist claims Yeti is ‘engaging in damage control’

A key National Rifle Association lobbyist isn’t satisfied with Yeti’s response to claims the Austin-based company has cut ties with the organization. The NRA sent members an email Friday alleging Yeti had “suddenly, without prior notice” indicated it no longer wished to do business with the NRA Foundation. “That certainly...
More Stories