Kairoi Greenlighted for Extensive Austin Mixed-Use Project

Kairoi Residential can move forward on its wide-ranging mixed-use development along the Colorado River in East Austin. Austin City Council approved a request to rezone the land from limited industrial use to a designated planned development. 

Kairoi Residential’s plans to develop what it’s calling the Bolm East and Bolm West tracts, located between U.S. 183 and the northern bank of the Colorado River, include 2,200 multifamily units, a 385-room hotel, 1.5 million square feet of office space, 20,000 square feet of retail, a 127,000-square feet-shopping plaza, 134,000 square feet of restaurant space, a 27,000-square-foot arts theater, an 8,500-square-foot music venue, and a 37,000-square-foot civic center. The land is currently occupied my an asphalt facility and outdoor storage.

Kairoi currently has nearly $4 billion in future projects. Since 2003, the partnership has transacted on $9.7 billion across 65,000 multifamily units in many cities and states around the country.