Partners Real Estate recently sold six acres of land within The Commons at Rivery to Novak Commercial Development, who plan to build a four-story, 300-unit multifamily building with over 45,000 square feet of retail, service, and restaurant space. The first phase of the project is set to begin in the second quarter of 2023, with an expected completion date in 2025.
Cultural Tourism’s Role in Austin’s Real Estate Boom
Explore how Austin's vibrant arts scene fuels real estate demand, driving property values up and reshaping neighborhoods for buyers and investors.
Austin Local Team | Sep 8, 2025 | 12 min read
