Posted Dec 3, 2020, 9:48 PM
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Registered User
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Join Date: Dec 2020
Posts: 6
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$1 Billion development set to replace a strip mall in southwest Austin!
https://communityimpact.com/austin/s...eek-greenbelt/
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Developer Barshop & Oles Co. announced plans Dec. 3 for a major project to remake the Brodie Oaks Shopping Center in Southwest Austin.
The mixed-use project, which could top $1 billion of total investment over the next ten years, is still in the conceptual stage, according to a press release. The developer plans to file an application for a planned unit development with the city of Austin in February, and construction could begin at the end of 2022 or in 2023.
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Redevelopment will come in phases. In the end, the project could include 1,600 new residential units, 1.1 million square feet of office space, 450 hotel rooms, and 140,000 square feet of retail and restaurant space. According to the release, the total square footage of the project would be up to 3 million, with an additional 13.7 acres of parking lot and building area being converted to green space.
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