Austin Blog

​​​​​PFLUGERVILLE – Wilson Capital is developing The Bowerly, a 294-unit
multifamily complex at 100 Dessau Rd.

The three-building project will have one-, two-, and three-bedroom floor plans
ranging fr​om 650 to 1,400 sf.

Clark Wilson Builder is the general contractor.

Construction begins in February 2023 and will be complete in 2024.

[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: _[Austin Business
Journal](https://www.bizjournals.com/austin/news/2022/12/05/crane-watch-
symphony-square-sixth-chicon-bowerly.html)_

​​​​GEORGETOWN – The Georgetown Planning and Zoning Commission approved plans
for a Costco Wholesale store and warehouse at 2201 N. I-35.

Construction on the 160,437-sf project will begin by the end of the year.

​​DRIPPING SPRINGS – Dominium has acquired the Springs Apartments, a 76-unit
affordable housing community at 289 Springs Ln.

Built in 2001, the property ​has one- to three-bedroom units reserved for
residents earning no more than 60 percent of the area median income.

Dominium will construct 144 additional units and rehabilitate original units.
The project represents a $3 million investment.

[](https://www.recenter.tamu.edu/articles/technical-
report/Texas-Quarterly-Commercial-Report)The Texas Real Estate Research Center
has more news like this online for free:

* [ _Texas Quarterly Apartment Report_](https://www.recenter.tamu.edu/articles/research-article/TexasQuarterlyApartmentReport-2242)
* [Austin multifamily news​](https://txrec.io/2PoQABe)

​Source: _[Community Impact
Newspaper​](https://communityimpact.com/austin/southwest-austin-dripping-
springs/development/2022/11/30/affordable-housing-community-in-dripping-
springs-under-new-ownership/)_

​​​GEORGETOWN – The W.D. Kelley Foundation is developing Bridge Business Park,
a 1.1 million-sf development at 5501 S. I-35.

The 92.2-acre campus will have office and flex space across seven buildings.
There will also be an outdoor amenity space and 1,500 parking spaces.

Construction begins next year.

​​​LOCKHART – Titan Development Ltd. is developing Lockhart Industrial Park
130, a 170,000-sf industrial project.

The four-building speculative development will be on roughly 57 acres near SH
130.

Construction begins in the next few weeks.

SAN MARCOS – Long View Equity is developing Wonder World Apartments, a
313-unit multifamily and retail complex at 1250 Wonder World Dr.

The complex will have one-, two-, and three-bedroom units.

Amenities will include a pool, cabana, and dog park.

Construction begins in early 2023 and will wrap in early 2025.

​​​AUSTIN – Hines and Galesi Group are​ developing a 1.7 million-sf industrial
park at the corner of Harris Branch Pkwy. and Parmer Ln.

Phase one of the 150-acre project will have three buildings totaling 315,000
sf.

Powers Brown Architecture designed the development.