Austin Metro Development Updates

[freerover]

Originally Posted by lonewolf

the chips act will be completely overhauled into something way more productive

Please elaborate. All I've seen is the new admin wants to replace it with chip tariffs.

[Riverranchdrone]

Originally Posted by freerover

I thought NXP was making 300 million in improvements to their existing austin labs?

We were adding tools but right now the demand of chips is low. NXP will focus on factories that will make 300 mm chips. They will not build any in America. Our only hope is a company buys these fabs off of NXP. The Chips act was only for factories that cater to the department of defense. And the fabs here in Austin just make chips mainly for autos.

[The ATX]

Speaking of the Chips Act - from CNBC today: Micron to receive $6.1 Billion for plants in NY and Idaho that will create 20K jobs.

https://www.cnbc.com/2024/12/10/us-final...chips-subsidy-for-micron-technology.html

[JoninATX]

First look @ Cedar Park New Marriott Convention Center Hotel

March, 11 2025

Great Lakes Capital and Nebraska Furniture Mart, in partnership with the City of Cedar Park, have announced the development of a full-service Marriott hotel and convention center in Cedar Park, Texas, expected to be operational by the first quarter of 2027.

https://www.hotelnewsresource.com/article135549.html#fadeFour

[JoninATX]

Construction on The District underway in Round Rock

March 6, 2025

Officials broke ground Thursday on The District, a long-anticipated mixed-use development to be built south of State Highway 45 and northwest of Greenlawn Boulevard in Round Rock.

The project by Mark IV Capital will feature 65.5 acres of retail, multifamily residential, office and green space. First introduced to the City Council in 2017, the project has evolved over the years in response to market demands and community needs, growing from an original 1 million-square-foot plan to at least 3 million square feet of development. Now expected to exceed $500 million in private investment, The District is expected to reach full build-out by 2039.

https://www.roundrocktexas.gov/news/construction-on-the-district-underway-in-round-rock/

[AusTex]

Originally Posted by JoninATX

First look @ Cedar Park New Marriott Convention Center Hotel
https://www.hotelnewsresource.com/article135549.html#fadeFour

From the link "Great Lakes Capital and Nebraska Furniture Mart, in partnership with the City of Cedar Park, have announced the development of a full-service Marriott hotel and convention center in Cedar Park, Texas, expected to be operational by the first quarter of 2027....This ambitious project will feature a state-of-the-art hotel with approximately 300 guest rooms, a 30,000-square-foot event and meeting space, a full-service restaurant, a breakfast café, and an expansive pool area"

30,000 sf of meeting space is not a convention center!!! Nice draw, but Convention Center It Is Not.

[KevinFromTexas]

I don't remember seeing this posted.

https://www.kxan.com/news/local/mustang-...0w5mb78FW3tWw_aem_5MoRkX0sefM5O9Is75BObQ

[gillynova]

Originally Posted by KevinFromTexas

I don't remember seeing this posted.

https://www.kxan.com/news/local/mustang-...0w5mb78FW3tWw_aem_5MoRkX0sefM5O9Is75BObQ

Man, FINALLY some news about this project. I haven't heard of anything since it was first announced 2 years ago in October (2023)

Need to see new renderings and it breaking ground... hopefully soon

[Riverranchdrone]

I dont know if it is the same one or a different one but plans are going forward for a surfpark lagoon with very big names attached to that resort style living.
https://www.bizjournals.com/austin/news/...rf-club-mcconaughey-brees-tony-hawk.html

[Urbannizer]

The District

[Mopacs]

Updates from the CedarView development in Cedar Park. The 7-story Marriott convention hotel just topped out and the shells of the two retail anchors are almost complete.







The retail stores are massive. They will draw in regional crowds.

Scheels



Nebraska Furniture Mart (NFM) with multi-level parking garage











Renderings

https://irp.cdn-website.com/4649ad59/files/uploaded/Cedar+View+opt.pdf
https://www.cedarview.com/blog

[The ATX]

Nice update.

[JoninATX]

Construction begins on 316-unit complex at Round Rock's $1B The District project

March 5th 2026
A long-planned mixed-use development is taking shape in Round Rock, with construction beginning on its first major piece, a 316-unit apartment complex.

https://www.msn.com/en-us/money/realesta...ct/ar-AA1XC0b0?ocid=finance-verthp-feeds

[gillynova]

Thank you for the updates up there guys!

[GoldenBoot]

Originally Posted by AusTex

30,000 sf of meeting space is not a convention center!!! Nice draw, but Convention Center It Is Not.

True. But, in the caption it is lower case and in the article - it is referred to as an event and meeting space.

I don't really think it was meant to be an actual "Convention Center." It's the size of a large Trader Joes.

[Urbannizer]

Austin Surf Club halts construction, owes $4.6M in liens

Several construction liens were filed for work done in 2025 and early 2026, records show

A lot of celebrities are looking forward to this neighborhood that would be anchored by a wave pool fit for pro surfers. The situation represents a major snag for the ambitious project at the former site of the NLand Surf Park near the airport

[Urbannizer]

Elevate Development Receives $116 Million Construction Loan for 759-Bed Development Near Texas State University

San Marcos, Texas — Elevate Development Partners has received a $116 million acquisition and construction loan for the development of a 759-bed community near Texas State University in San Marcos. The 260-unit project is being developed in partnership with Flintco. S3 Capital provided financing for the development, which will span 280,124 square feet. Shared amenities are set to include a resident social lounge, bicycle room, package room, resort-style pool, yoga and wellness room, fitness center, study lounges and conference rooms. Preiss has been tapped to manage the community upon completion. Sean Reimer, Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz and Dustin Stolly of Walker & Dunlop arranged the financing on behalf of the developer.