Development
BY GRACE DICKENS & KAROLINE PFEIL
Office buildings slated to become multifamily project Plans from a developer to reimagine part of a nearly 48-acre lot from offices into multifamily River Place Corporate Park
Main Street build timeline extended The deadline for a portion of Lakeway’s Main Street to be completed was pushed back another year at the city’s July 21 city council meeting. The overview The Square at Lakeway is a residential project within City Center that has a commercial component, which includes in its plans an extension of Main Street and Lohmans Spur, according to city documents. An extended deadline for completion of Main Street was included in the amendment passed July 21, pushing the completion date from this June to June 2026. Delays stemmed from complications related to local water districts and developers. Two previous amendments were also made in 2023 and 2024 due to similar issues.
and recreational use near Four Points were approved at a July city of Austin Zoning and Platting commission meeting. While the zoning change was approved by the commission, the item will still need to go before City Council in the future for final authorization. The details The site at 6500 River Place Boulevard is cur- rently home to River Place Corporate Park, which is zoned for research and development uses. Action taken July 1 amended the zoning overlay in the district to permit multifamily residential and outdoor sports and recreation use on the property. In a letter to the city’s Planning Department, representatives of the developers indicated a desire to replace two of the seven existing office buildings to make space for a new multifamily development with pickleball courts, green space, a
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play area and parking. An amendment to the zoning change also put a 330-unit limitation on the number of new multi- family units able to be built. As of press time, real estate law firm Drenner Group and Brandywine Realty Trust did not respond to requests for comment.
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