Round Rock Edition | January 2023

TOP STORY

In the next two years, more than 4,000 housing units will be in some phase of development or completed in Round Rock. SURGE Housing

Housing units in development 2022-24 by unit type

Quantifying

The city of Round Rock Planning and Development Services Department created a map of existing and future multifamily developments that will see 4,629 units of housing under development through 2024. The map below highlights three large or nontraditional multifamily housing projects that are in progress in the city and its extraterritorial jurisdiction.

Single family: 1,959 Apartments: 1,468 Senior/assisted living: 586 Townhomes: 488 Duplex: 128

GROWTH

Total: 4,629

University Marketplace: • 1,550 units of multifamily housing • Council approved Nov. 3

Vacant land Predevelopment Redevelopment Pending/ approved projects

GEORGETOWN

SOURCE: CITY OF ROUND ROCKCOMMUNITY IMPACT

units to a property located at the corner of University Boulevard and CR 118. Near University Boulevard and CR 110, a smaller townhouse and multifamily development approved Nov. 17 will create 600 units of housing. City Council also approved a 276-unit mixed-use devel- opment Dec. 1 west of I-35 on Hesters Crossing Road. The inux of new multi- family developments has given some residents pause, as they say they have subse- quent concerns around cost of living, density and trac that can often accompany spikes in development. The most direct cause of such growth is new peo- ple moving to the area, like Serena Guin did several decades ago. When Guin rst moved to Round Rock in the late 1970s, she said she did so for the high-qual- ity schools and aordability. Guin said she worries about the ability of longtime resi- dents to remain in the area as the cost of living increases. Even natives of the city are experiencing diculties amid what are ostensibly prosperous times in the city.

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will provide the housing necessary to accommodate where things are moving.” Growing density Wiseman said the city updates its population projec- tions on a regular basis, and it is common for a city’s “full build-out” population to uc- tuate as developers change the density of their projects or pursue redevelopment. Additionally, he said devel- opers are shifting from build- ing single-family homes as a response to recent interest rate increases. “As we’ve seen a huge demand for housing, and with the cost of single-family [homes] and interest rates, apartment development is very hot,” Wiseman said. In November and Decem- ber, city ocials approved more than 2,400 multifamily housing units via rezoning requests. Put into perspective, that represented about 18% of the city’s 13,436 multifamily units as of October 2022. One development approved Nov. 3 will bring up to 1,550

118

110

A.W. GRIMES BLVD.

1431

130 TOLL

OLD SETTLERS BLVD.

The Depot • Bringing 80 townhomes • Completion expected by end of 2023

ROUND ROCK

35

79

47.9 Acre planned unit development: • 1,200 units of housing • Council approved in May

620

GATTIS SCHOOL RD.

45 TOLL

HESTERS CROSSING RD.

GREENLAWN BLVD.

MOPAC

GRAND AVE. PKWY.

PFLUGERVILLE

N

MAP NOT TO SCALE

SOURCE: CITY OF ROUND ROCKCOMMUNITY IMPACT

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