Round Rock Edition | January 2022

TOP STORY

Population GROWTH

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From 2010 to 2020, U.S. Census Bureau data shows the population in Round Rock rose from 99,887 to 119,468. By 2025, city estimates project the population will jump to 143,302. Based on these gures, the city’s population is outpacing housing unit growth.

Round Rock, ocials have made it a top priority to add diverse housing options that are nancially attainable. In order to accommodate the two-pronged prob- lem of rapidly rising population in combination with substantial increases in housing costs, area ocials and developers are working to bulk up the number of housing units available as well as continue diver- sifying options. From single-family rental homes to apartments, condos and duplexes, housing units and options in Round Rock are growing, but local ocials and developers are not certain the eorts will keep pace with demand. “The demand has always been high,” Dushkin said. “But the increased demand that we are seeing for aordable, market-rate housing has just been through the roof.” Working tomatch growth Despite a rapidly growing population, homebuy- ers in Round Rock will have more housing types to choose from in the next decade than they have in years past, thanks to new options being pursued by developers. The number of available housing units—a mix of traditional single-family homes, townhomes, condos, duplexes and apartments—increased from 37,223 to 45,844 from 2010 to 2020. More than 6,000 housing units are in develop- ment. The majority are expected to deliver within the next few years.

202025 +19.95%

201020 +19.6%

POPULATION

HOUSES

150K

120K

202025 +13.09%

201020 +23.16%

90K

60K

30K

2011 2010

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021 2022 2023 2024 2025

*2025 POPULATION PROJECTIONS ARE FROM OUTDATED COMPREHENSIVE PLANS AND OFFICIALS SAY POPULATIONS ARE ON PACE TO EXCEED PROJECTIONS. SOURCES: CITY OF ROUND ROCK, U.S. CENSUS BUREAUCOMMUNITY IMPACT NEWSPAPER *DATA ON THE GRAPHIC COMES FROM THE U.S. CENSUS BUREAU'S ANNUAL COMMUNITY SURVEY. VARIATIONS IN POPULATION ESTIMATES CAN OCCUR WITHIN THE SURVEY, AND THE ACS IS A SAMPLE SURVEY, NOT A HARD COUNT OF POPULATION, ACCORDING TO THE U.S. CENSUS BUREAU. THEREFORE, THE DECREASE IN POPULATION FROM 202021 MAY NOT BE A COMPLETELY ACCURATE REPRESENTATION OF POPULATION GROWTH IN THAT TIME PERIOD.

Where the DEVELOPMENT IS

A map of all of the housing developments in planning stages, development or construction shows there are numerous dierent housing types that will hit the Round Rock market in the coming years. Those include single-family detached, single-family detached for rent, townhomes, duplexes and apartments.

Single-family subdivisions 3 University Heights: The development will contain 431 single-family units, 104 duplexes and an unknown number of multifamily units with delivery on a rolling basis by 2025.

Single-family subdivisions Single-family condominiums Townhomes High density multi-family Senior multi-family Mixed use New housing types

Essentially, that means current housing production is quickly outpacing production from 2010 to 2020. However, while data from the city shows housing production from 2020-25 is expected to grow by about 13%, the city’s population is projected to grow by about 20%. City ocials and developers are never- theless working to close housing gaps as more andmore peoplemove to Round Rock. Dushkin said the city limits and its extra- territorial jurisdiction extend far to the east and northeast, to and beyond SH 130. “We’re still looking at multiple decades before Round Rock is going to be built out,” he said. “I’d say we’re probably only half- way there.” Single-family homes remain the city’s most prominent residence type, and city sta have stressed the need to zone more land for various other housing types that fall between apartments and single-family detached homes as the city continues to be built out.

Single-family condominiums 5 The Meadows at Quick Ranch: The project will contain 139 units, and completion is expected by 2025.

1 Homestead at Old Settlers 2 Salerno 3 University Heights 4 Chisholm Trail Condominiums-The Oaks 5 The Meadows at Quick Ranch 6 Double Creek 7 Townhomes at Gattis 8 The Depot

110

9 Stanmore at Warner Ranch 10 Crossing at Palm Valley 11 Round Rock Lofts

12 Larkspur at Avery Centre 13 Legacy Senior Residences I 14 Legacy Senior Living II 15 The District 16 Kenney Fort planned unit development 17 The Bell Yard 18 Urbana at Lake Meadow

GATTIS SCHOOL RD.

Mixed-use 15 The District: The project will contain 1,600-plus luxury multifamily units and is expected to deliver them through 2030.

45 TOLL

“We have dealt with some [planned unit develop- ments and] mixed-use developments, [but] we’re not seeing a lot of those come to fruition,” said Jen Henderson, Round Rock Planning and Zoning Com- mission chair.

MAP NOT TO SCALE N

SOURCE: CITY OF ROUND ROCKCOMMUNITY IMPACT NEWSPAPER

COMMUNITY IMPACT NEWSPAPER • COMMUNITYIMPACT.COM