Development
BY JAMIE MOORE
San Marcos City Council OKs 7-story student apartments
Luxury homes to open this fall in Kyle Toll Brothers Inc. announced on April 29 that its newest residential development, Clara Vista at Waterridge, is coming to Kyle. Toll Brothers Inc. is a luxury home builder founded in 1967 and operating
New Mustang Ridge distribution center breaks ground Clay Development & Construction Inc. has broken ground on Mustang Ridge Distribu- tion Center I, a 538,720-square-foot specu- lative industrial facility at 6925 FM 1327, Austin. Scheduled for completion in late 2025, it is the largest spec industrial project currently under construction in the greater Austin area, according to a news release. The overview The project includes 65-foot loading bays, 105 dock doors, four drive-in overhead doors and two 130-foot truck courts. It’s the second addition to Mustang Ridge Business Park, coming after the 218,400-square-foot Distribution Center II, which wrapped up in early 2024.
Amenities would include:
Playground
Clubhouse
Pool
A proposed seven-story student housing project in San Marcos earned City Council approval on April 15 despite being denied by the Planning and Zoning Commission on March 15. What happened After discussing several conditions at their April 15 meeting, council members approved two items related to the development planned for 202 W. Hutchison St., a 2.2-acre site near downtown and adjacent to the H-E-B on West Hopkins Street. The location is within walking distance of the Texas State University campus. The approvals included a conditional-use permit for a purpose-built student housing project and an alternative compliance request to increase the building height from five to seven stories. The overview The complex will offer a mix of one- to five-bed- room units marketed as rent-by-the-bed student
housing. Parts of the first floor will include commercial space, such as office use. Without council approval, the developer could still construct a multifamily apartment complex on the same site under existing zoning regulations. However, this would restrict the project to one-to- three-bedroom units, require one parking space per unit instead of per bedroom, and would not be subject to any conditions imposed by the city. “Saying no to the CUP and alternative compli- ance does not stop the project, it does not stop students from living at the project [and] it does not stop rent-by-the-bed...” Quinn said. “However, saying yes to the project comes with additional benefits. It more than doubles the parking spots.” Digging deeper Although a groundbreaking date has not yet been set, the project will include: • Redeveloping underutilized land and bringing
Texas State University
in 24 states. The details
Proposed student apartments
Sales for the single-family home community are expected to begin in fall 2025, according to a news release. Clara Vista at Waterridge will be located at the intersection of Six Creeks and Bramble boulevards. The development will feature two home collec- tions, with designs ranging from 3,150 to over 5,600 square feet, the release stated. Homes will be built on 80- and 100-foot-wide lots. The cost Pricing will start in the mid-$800,000s for the
Brook Collection, while homes in the Spring Col- lection will begin in the mid-$900,000s, according to the release. Stay tuned Future residents will have access to a number of private community amenities. The location also offers proximity to shopping, dining and outdoor recreation opportunities, and is a short drive from Austin.
more residents downtown to support local businesses • Creating 10-15 permanent jobs to manage the property • Increased revenue from permits and impact fees • Higher annual real estate tax revenue
SAN MARCOS 510 Barnes Dr (512) 392-0366
CREEKSIDE TOWN CENTER 263 Creekside Crossing (830) 608-1969
SOUTHPARK MEADOWS 9900 S I-35 Frontage Rd (512) 280-7400
NEW BRAUNFELS 1671 IH-35 S (830) 629-0434
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