Cedar Park - Leander Edition | February 2023

DEVELOPMENT BRIEFS

Projects underway in Cedar Park & Northwest Austin

Apartment buildings to be in rst phase of $2B Pearson Ranch project

Vertical construction on a 306-unit multifamily apartment complex called The Eden began in early December at the site of Pearson Ranch, a $2 billion mixed-use project bringing oce space, retail, restaurants, hotels and housing to North- west Austin, according to a Dec. 8 release. Located on the northeast corner of SH 45 N and West Parmer Lane, the mixed-use project by Inspire Development rst broke ground in January 2022 and is expected to take 10-15 years to fully build out, said Mary Alice Kaspar, senior PR director with Lookthinkmake. The rst of Inspire’s undertakings at the site, The Eden will feature one-, two- and three-bedroom options, with units ranging in size from 672 square feet to 1,511 square feet. The Eden is scheduled to be completed in early 2024, Kaspar said. The apartments will be “smart” units, integrating the latest technology with other amenities, such as built-in kitchen islands, quartz countertops, walk-in closets, full-size washers and dryers, and smart locks, according to the release. It is one of three apartment communities planned for the rst phase of Pearson Ranch, which will span 41 of the site’s total 156 acres, according to previous Community Impact reporting. BY GRANT CRAWFORD & ZACHARIA WASHINGTON

Pearson Ranch will also include 2.6 million square feet of Class A oce space; 200,000 square feet of retail, restaurant, and community and cultural spaces; two hotels; thousands of upscale residences; and 30 acres of parkland, Kaspar said. Located 2 miles from Apple’s $1 billion campus, the development’s master plan also calls for 48 acres of land for a corporate campus, lling a need for oce space near major employers, such as Apple, Dell, PayPal, Amazon and Visa. “This part of the Austin area has cemented its reputation as the place to be for high-tech employ- ers,” Inspire Managing Principal Brett Ames said in the release. “The Eden brings high-quality housing to an area where it’s needed and helps more people live close to where they work.” Residents at The Eden will have access to community gardens and a 3-acre park. Located at the future address of 14440 Pearson Market Circle, Austin, the complex will also feature a tness center; a rooftop lounge deck with a complete kitchen; a golf simulator room; a dog spa; a coworking lounge; and a resort-style pool area with grills, day beds, cabanas and bocce ball courts. The broader plan for Pearson Ranch shows the development will include a mix of public and private spaces that lend themselves to a

PEARSON RANCH RD.

620

45 TOLL

Located at the future Pearson Ranch development, The Eden will have 306 multifamily units.

COURTESY INSPIRE DEVELOPMENT

community-oriented lifestyle. Those who live and work in the area will have access to local restaurants and retailers as well as parks, hike and bike trails, and the nearby Capital Metro Lakeline Station.

Two retail centers to open in spring

Tanner Ranch community breaks ground in Cedar Park

BY ZACHARIA WASHINGTON

Developer Texas Spark Con- struction will open two new retail centers in Cedar Park in April. The centers are located on opposite sides of West New Hope Drive, east of Bagdad Road. The rst, Clover’s Plaza, is at 700 W. New Hope Drive, while Shops at New Hope is at 821 W. New Hope Drive. Both shopping plazas will consist of two buildings, each with 11 individual units, said Neerja Kwatra, vice president of Asterra Properties, the real estate company representing the development. The types of tenants interested in Clover’s Plaza include medical, dental, retail and a grocery store, Kwatra said. Meanwhile, expected tenants at Shops at New Hope include a spa, a restaurant, a coee shop, a Kumon and a gym. Clover’s Plaza and Shops at New Hope—which are 13,383 square

BY ZACHARIA WASHINGTON

Construction work on utilities and streets for Tanner Ranch, a new com- munity in Cedar Park by Ash Creek Homes, began in January, with home construction to come in the spring. Named after Tanner, a quarter horse born on the property 28 years ago, Tanner Ranch is a 10-acre community in west Cedar Park that will feature 30 new one-story homes with modern farmhouse architecture design. The homes will be three bedrooms with two bathrooms and three bedrooms with three bathrooms ranging from 1,800-2,200 square feet, Ash Creek Homes President Jenna Edge said. Tanner Ranch will feature mature oak trees and large private lots, Edge said, and the homeowners association will maintain all lawn maintenance to allow residents a lock-and-leave lifestyle. Tanner Ranch will be located at

Tanner Ranch will have 30 one-story homes on 10 acres.

Clover’s Plaza is one of the retail centers under construction.

RENDERING COURTESY ASH CREEK HOMES

RENDERING COURTESY ASTERRA PROPERTIES

FAIRWEATHER WAY

SHOPS AT NEW HOPE

CLOVER'S PLAZA

AMBLING TRL.

2103 Quiet Stables Circle, Cedar Park. It is within walking distance of Veterans Memorial Park, The Good Lot, Mason Elementary School and Running Brushy Middle School. Homes in Tanner Ranch will start at $600,000, Edge said. The streets are projected to be paved by June, and all homes are expected to be completed by late 2024 or early 2025.

feet and 18,513 square feet, respectively—are located less than 2.5 miles from The Bell District. Construction on the projects began in August, Kwatra said. Since Texas Spark Construction is a full construction service operation, the company is not expecting much delay to its April opening timeline.

CEDAR PARK LEANDER EDITION • FEBRUARY 2023