Posted Feb 2, 2023, 6:28 PM
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Moderator
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Join Date: Jan 2009
Location: Austin, TX / Portland,OR / Chicago, IL
Posts: 14,002
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Hundreds of Homes Planned Near South Congress Avenue’s Retail District
Quote:
A residential development containing 375 units and rising up to seven floors at the corner of South Congress Avenue and East Live Oak Street is now in review with the City of Austin, according to recent permit documents. Located a few blocks south of the South Congress retail district’s main drag, the project would transform a significant 2.84-acre land assembly of multiple properties with a multifamily building also containing approximately 15,000 square feet of restaurant space, along with five standalone townhome-style residences. The plan is connected to the local office of prolific real estate development firm Intracorp, with most of the properties at the site purchased by an Intracorp-linked entity in 2022.
The oddly-shaped collection of addresses set to be developed contains two auto repair shops at 2105 and 2109 South Congress Avenue, along with the Focused Care at Stonebriar retirement home at 110 East Live Oak Street. The Maryland-based owners of the 64-unit Stonebriar community have authorized Intracorp’s development of the tract, with the relocation of its residents presumably set to take place in the near future once the site’s demolition is authorized.
A summary of the project filed on behalf of the developers by engineering firm Kimley-Horn describes the plan as a “7-story mixed use development which includes multifamily residential, ground floor retail, below grade parking garage, and a separate 5-unit townhome.” While Intracorp is best known for condos, rather than apartments, current permits don’t specify the status of this building — but considering the firm’s other area developments, we’d hazard a guess that we’re looking at condos.
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