LOCATED ON A PRIME SITE IN AUSTIN'S CONTINUOUSLY EVOLVING EAST SIDE, CONSTRUCTION HAS BEGUN ON LIRICA
02/01/24
The class-A, five-story multi-family wrap project consists of 338 for-rent apartment units, a two-story fitness center, an expansive outdoor courtyard with a resort-style pool, a clubhouse, pet amenities, and co-working spaces. |
DEALS & DATA | TRANSACTIONS ANNOUNCED BETWEEN NOV. 21 AND DEC. 20, 2023 01/31/24
[CSW Development's] 5119, 5121 & 5123 E. Seventh St. project construction financing secured and announced toward the end of 2023. See on page 8 of the flipbook. |
JLL ARRANGES CONSTRUCTION FINANCING FOR 338-UNIT MULTIFAMILY PROJECT IN EAST AUSTIN 12/22/23
JLL has arranged an undisclosed amount of construction financing for Lirica East Austin, a 338-unit multifamily project that will be located about three miles east of the downtown area...JLL arranged the loan on behalf of the borrower, a partnership between CSW Development and Blueprint Local...Completion is slated for early 2026. |
[CSW DEVELOPMENT] JV SECURES FINANCING FOR CLASS A MULTI-HOUSING DEVELOPMENT IN CENTRAL EAST AUSTIN
12/19/23
Central Southwest Texas Development, DBA CSW Development, with equity partner Blueprint Local announced that it secured the construction financing for Lirica East Austin, a unique five-story, 338-unit, class A multi-housing development located in Central East Austin. JLL worked on behalf of the borrower to secure the loan. |
JLL SECURED FINANCING FOR 388-UNIT LIRICA EAST AUSTIN IN CENTRAL AUSTIN 12/18/23
"Our team has worked diligently to secure permits necessary to start construction, so we are excited to be able to break ground at a time where high-quality construction trades are readily available due to the challenging capital market environment," said Kevin Hunter, CFO and COO of CSW Development. |
FINANCING SECURED FOR CLASS A MULTI-HOUSING DEVELOPMENT IN CENTRAL EAST AUSTIN 12/18/23
JLL Capital Markets announced today that it has arranged the construction financing for Lirica East Austin, a unique, five-story, 388-unit, Class A multi-housing development located in Central East Austin. JLL worked on behalf of borrower, [CSW Development], and the equity partner, Blueprint Local, to secure the loan. |
DEVELOPMENT OF COTTONWOOD PROPERTIES ONE STEP CLOSER AS MASTER DEVELOPERS PRESENT QUALIFICATIONS
11/16/23
Representatives from the four companies in competition - CSW Development, Midway, Momark Development, and Red Oak Development Group - each pitched their experience and portfolio while explaining why the should be selected to work with the HEDC in transforming the 250-acre site just north of US 79 and west of CR 132 into a mixed-use area fit for Hutto. |
DEVELOPMENT OF COTTONWOOD PROPERTIES ONE STEP CLOSER AS MASTER DEVELOPERS PRESENT QUALIFICATIONS
11/16/23
Four master developers competing to be selected to develop the Cottonwood Properties presented their qualifications to the Hutto Economic Development Corporation (HEDC) Board of Directors on Tuesday, November 14th, bringing development of the highly-coveted tract of land one step closer to fruition. |
ELECTRIC VEHICLE MAKER RIVIAN TO BUILD SAN ANTONIO SERVICE CENTER 07/10/23
Rivian, a California-based electric vehicle manufacturer, plans to build its first San Antonio service center at 8790 Crownhill Blvd. near the San Antonio International Airport. According to a Texas Department of Licensing and Regulating filing, Rivian is working with Austin company CSW Development to demolish existing structures at the site and build 27,600 SF of shell building space at a cost of $1 million. |
SIGNS OF MOVEMENT AT ANTHEM PARK, WHICH COULD BRING IN MANY NEW BUSINESSES AND RESIDENCES TO KILLEEN
7/7/23
The land along Martin Luther King Jr. Boulevard is cleared in preparation for the construction of the Anthem Park project which is projected to include over 200 acres of commercial and residential properties. |
RIVIAN OPENING SAN ANTONIO SERVICE CENTER 7/5/23
Startup electric vehicle company Rivian plans to build its first service center in the San Antonio area. The San Antonio Business Journal reports that CSW Development will begin the demolition process on the site which will house a 27,000 square foot project. |
IS CHIPOTLE COMING TO KYLE? 7/1/23
CSW Development has two more than 7,000 square foot buildings under construction, said Kevin Hunter, chief financial officer and chief operating officer. The new tenants include Chipotle, Spoon+ Fork Thai Kitchen, Crust Pizza and Black Rock Coffee. |
PLANNING COMMISSION REVERSES INTERPRETATION OF ENVIRONMENTAL RULES, ALLOWING HOUSING PROJECT TO ADVANCE
5/15/23
The Planning Commission on Tuesday, [May 9th], overruled an interpretation of environmental rules by city staffers, allowing a multifamily project to move forward at the intersection of Ben White and South Lamar boulevards. |
CSW PLANS $50M [RESIDENTIAL] COMPLEX IN FAR WEST 3/23/23
The site will feature four five-story apartment buildings totaling 359 multifamily units, a six-story garage and some space for retail and a restaurant on a 3.9-acre lot. CSW has tapped STG Design and TDI Engineering as collaborators for the project. |
PUBLIC FILINGS HIGHLIGHT $50M CSW DEVELOPMENT PROJECT TO REPLACE BANK BRANCH
3/22/23
CSW Development is planning the project at 3525 Far West Blvd., according to filings with the state and the city of Austin. CSW Development's plans call for this Far West Boulevard branch of Frost Bank to be transformed into a multifamily development with ground-floor retail. |
KILLEEN COUNCIL MEMBERS OK ZONING CHANGE FOR PROPOSED ANTHEM PARK
3/14/23
In a unanimous vote on Tuesday [March 14th], Killeen City Council members approved rezoning more than 200 of acres where a proposed mixed-use development, ['Anthem Park'], will be built. |
PROPOSED DEVELOPMENT IN KILLEEN WOULD INCREASE HOUSING OPPORTUNITIES, PROVIDE MORE DINING AND RETAIL
3/13/23
City leaders in Killeen are hoping a proposed 200-acre development will not only create new housing opportunities, but also attract new businesses to the area and increase sales tax revenue. |
NEW ENTERTAINMENT DISCTRICT 'ANTHEM PARK' IN THE WORKS IN KILLEEN 3/10/23
Killeen city leaders are considering a plan to use more than 200 acres of the area for Anthem Park, an area mixed with new businesses, apartments and more. |
COUNCIL MEMBERS PRAISE PROPOSED DEVELOPER NEAR SKYLARK FIELD
3/7/23
Killeen City Council members on Tuesday, [March 7th] commended the proposed development of more than 200 acres of commercial, retail and residential space near Skylark Field. |
SECTION OF MIXED-USE DEVELOPMENT NEAR SKYLARK FIELD COULD BE OPEN WITHIN THREE YEARS
3/5/23
Over 200 acres of new businesses, apartments and other residences could be coming to an area of Killeen where officials have been talking about a new shopping center for over a decade. |
TWO NEW BUSINESSES COMING TO THE POINTE AT 620 SHOPPING CENTER IN ROUND ROCK
2/28/23
The third phase of CSW Development's The Pointe at 620 retail center will be home to a new Hotworx location as well as a Pet Supplies Plus store. |
NEW RESTAURANTS COMING TO KYLE, INCLUDING CHIPOTLE, CRUST PIZZA, SPOON+FORK
11/9/22
A lot of 'these new restaurants' are coming to the second phase of Kyle Crossing, a retail center off I-35 near Kyle Parkway. CSW Development has under construction two more 7,000-square-foot buildings. New tenants include Chipotle, Spoon + Fork Thai Kitchen, Crust Pizza, and Black Rock Coffee. |
THIS 'ECLECTIC' OFFICE AND APARTMENT PROJECT FINDS A GOOD FIT IN GOVALLE
10/26/22
Known as the 'Eclectic at Fifth Street,' the project will contain two structures atop a roughly five-acre assembly of properties at 5214 East Fifth Street. |
CSW SELLS 117K-SQ-FT OF SELF-STORAGE SPACE IN DALLAS
10/18/22
Austin-based commercial firm CSW Development has sold off a self-storage facility in West Dallas. The financial terms were not disclosed, but the buyer plans to rebrand the 1,252-unit facility under the Go Store It self-storage moniker. |
'ECLECTIC' MULTIFAMILY, OFFICE MIX COMING TO EAST AUSTIN
10/18/22
A mixed-use development that should bring loads of apartments and offices to East Austin's Govalle neighborhood is in the works. Local firm CSW Development's plans for its new project, Eclectic at Fifth Street, include plenty of both. |
AUSTIN COMPANY CLOSES SALE OF 1,252-UNIT SELF-STORAGE FACILITY TO CHICAGO FIRM
10/17/22 Located at 2500 Lone Star Drive, the three-story facility is currently 50% occupied and offers 117,503 of rentable square feet. |
CSW DEVELOPMENT PLANS OUT FIFTH MULTIFAMILY PROJECT IN GROWING MARKET
10/14/22 The developer has filed plans to build a 552,000-square-foot multifamily complex in Austin, which construction anticipate to begin Q2 of 2023. |
CHIPMAKER NXP CONSIDERS AUSTIN FOR $2.6 BILLION EXPANSION, UP TO 800 NEW JOBS
05/10/22
In a move that could add even more fuel to the booming Central Texas high-tech sector, chipmaker NXP Semiconductors is considering a $2.6 billion expansion in Austin that would create up to 800 jobs. |
CITY OF KYLE, CSW DEVELOPMENT BREAK GROUND ON KYLE CROSSING PHASE II
03/22/22
Leadership for the city of Kyle and CSW Development gathered at the corner of FM 1626 and Marketplace Ave on March 22 to break ground on Kyle Crossing Phase II, which will be home to the city's first mixed-use development. |
CONSTRUCTION BEGINS ON POINTE II RETAIL AT RM 620 IN ROUND ROCK
12/14/21
Crews are beginning site work on The Point at 620-Retail II center from CSW Development 17280 N. RM 620, Round Rock. |
CSW DEVELOPMENT PLANNING 320-UNIT PROJECT IN SOUTHERN PORTION OF CITY
11/23/21
A local real estate company is planning a 320-unit multifamily development in South Austin. CSW Development is proposing to construct a five-story multi-family wrap project with 240,000 square feet of rentable space. |
HUNDREDS OF APARTMENTS HEADED FOR SOUTH LAMAR'S 'CHICKEN WING'
11/19/21
...Thanks to another strip of vacated TxDOT right-of-way...we’re getting our next funkily-shaped project at the corner of South Lamar and West Ben White Boulevards, an approximately 320-unit five-story apartment building planned atop a 3.8-acre land assembly we’re calling the 'Chicken Wing'... |
WHATABURGER SERVES UP FIRST NEW-LOOK RESTURANT IN THE AUSTIN AREA
05/05/21
Whataburger restaurant opens up with a new look that gives off a modern but slightly retro vibe at CSW Development's the Point at 620 in Round Rock, Texas. |
GREENS GLOBAL ACQUIRES CSW DEVELOPMENT'S 1,152-UNIT CUBESMART SELF STORAGE FACILITY:10/19/20
Five-story property built by CSW Development in 2019 was sold to Southern Californial-based investment firm Greens Global. |
CSW DEVELOPMENT SELLS AUSTIN STORAGE ASSET:
10/16/20
CSW Development sold the CubeSmart managed self storage property spanning 110,505 square feet in Austin, Texas. |
CSW DEVELOPMENT'S AUSTIN SELF-STORAGE ACQUISITION FINANCED:
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DEVELOPERS BEGIN CONSTRUCTION ON LA CANTERA HEIGHTS:
5/2/19
CSW and USAA broke ground on the retail project, La Canter Heights, first phase. New tenants for this first phase include La Panaderia, Thirsty Lion, and Burgerim. |
LA CANTERA HEIGHTS PROJECT UNDERWAY WITH FOUR RESTAURANTS SIGNED:5/1/19
CSW Development and USAA Real Estate break ground on the La Cantera Heights project. The south phase is set to open February 2020. |
LA CANTERA HEIGHTS TO OPEN NEW RESTAURANTS BY SUMMER 2020:
5/1/19
CSW Development and USAA Real Estate broke ground on the first phase of the 19-acre mixed use development, La Cantera Heights. |
LA CANTER-AREA RETAIL CENTER BREAKS GROUND WITH SEVERAL TENANTS SIGNED:
5/1/19
The first phase of a planned 19-acre retail project near The Shops at La Cantera broke ground with several restaurant tenants signed on to lease space. CSW Development partnered with USAA Real Estate, and is working with JLL and Alamo Architects on this project. |
LA PANADERIA, GASTROPUB, BURGER SPOT PLANNED FOR RETAIL DEVELOPMENT NEAR THE RIM:
5/1/19
La Panaderia, Thirsty Lion, and Burgerim are among the restaurants opening at CSW and USAA Real Estate's 19-acre project, La Cantera Heights. |
LA PANADERIA, GASTROPUB, BURGER SPOT PLANNED FOR RETAIL DEVELOPMENT NEAR THE RIM:5/1/19
La Panaderia, Thirsty Lion, and Burgerim are among the restaurants opening at CSW and USAA Real Estate's 19-acre project, La Cantera Heights. |
ORIGINALITY, VARIETY DEFINE SUCCESS IN AUSTIN'S RESTAURANT SCENE:4/5/19
Kevin Hunter, CSW's CFO, discusses the current retail and restaurant scene in Austin, Texas. |
FUTURE FAR WEST SIDE RETAIL CENTER SECURES FOUR NEW TENANTS:12/19/18
The Shops at Potranco in San Antonio's Far West Side are being developed by CSW, and the JLL leasing team has secured four new tenants. |
CSW DEVELOPMENT TO BUILD 1,311 - UNIT SELF-STORAGE FACILITY IN HOUSTON:11/27/18
CSW will develop a five-story, self-storage facility in Houston's Westchase neighborhood. |
JLL SECURES CONSTRUCTION LOAN FOR BELTWAY 8 SELF STORAGE IN WEST HOUSTON
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WOLF CROSSING BRINGING NEW SHOPS, RESTAURANTS TO GEORGETOWN
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FAST-GROWING AUSTIN SUBURB CONTINUES TRANSFORMATION WITH MASSIVE NEW RETAIL CENTER10/5/18
CSW Development broke ground on October 3 on a new 42-acre, 250,000-square-foot retail center in Georgetown. |
CONSTRUCTION KICKS OFF FOR NEW 42-ACRE RETAIL CENTER IN GEORGETOWN:10/3/18
Wolf Crossing, the new retail development by CSW Development will include restaurants, medical facilities, a hotel and a grocery store. |
GEORGETOWN REVIEWING ITS 2030 MASTER PLAN AMID POPULATION BOOM:
10/2/18
As Georgetown becomes one of the fastest growing cities in the US, CSW is playing a big role in retail development at Wolf Crossing. |
AUSTIN FIRM BREAKS GROUND ON GEORGETOWN 42-ACRE RETAIL CENTER:
10/2/18
Once fully built, 250,000-square-foot, 42-acre site will house retail, medical, restaurant, grocery and other tenants at the Wolf Crossing Shopping Center. |
MIDDLE MARKET DIGEST: THIS WEEK IN SOUTH AND MOUNTAIN REGIONS:
2/16/18
CSW Development selects JLL as the strategic leasing partner for anticipated retail development Wolf Crossing at Interstate 35 and Texas Highway 29. |
THE AUSTIN SAN ANTONIO DEAL SHEET:2/14/18
JLL was selected as the strategic leasing partner for anticipated retail development Wolf Crossing in Georgetown by CSW Development at Interstate 35 and Texas Highway 29 will serve as an entrance to Georgetown’s historic downtown. |
WOLF LAKES LODGE, WOLF CROSSING BRING DISTINCT PROJECTS TO GEORGETOWN'S I-35, HWY. 29 CORRIDOR:
2/13/18
CSW Development sees its Wolf Crossing project located in the perfect spot to take advantage of easy access as well as a unique setting bordering the San Gabriel River that will allow tenants to be creative with their spaces and amenities. |
JLL SELECTED AS LEASING PARTNER FOR WOLF CROSSING RETAIL CENTER:2/12/18
JLL announced the firm has been selected as the strategic leasing partner for anticipated retail development Wolf Crossing in Georgetown, Texas - a 42 acre, 250,000 square foot retail development by CSW Development. |
GET A SNEAK PEAK AT THE LUXURY SHOPPING CENTER BEING BUILT NEAR THE RIM:2/6/18
An Austin-based development firm, CSW Development, is planning a multi-million dollar shopping center directly across I-10 from the RIM. |
AUSTIN DEVELOPER TO PARTNER WITH USAA ON RETAIL NEAR LA CANTERA:2/3/18
Austin company, CSW Development, is partnering with USAA Real Estate to build a 19-acre retail development across Interstate 10 from The Rim. |
34 ACRES OF NEW RETAIL PLANNED NEAR THE SHOPS AT LA CANTERA, THE RIM:2/1/18
Austin-based CSW Development will soon lay the foundation for a new retail district along La Cantera Parkway, just north of The Shops at La Cantera and across the highway from The Rim. |
PAIR OF RETAIL DEVELOPMENTS PLANNED FOR GEORGETOWN:12/15/17
Wolf Crossing is a planned 42-acre, 250,000 square-foot retail development that includes several restaurants, a grocery store, a hotel and views of the San Gabriel River. |
